Tag Archives: Real Estate

A retail property in Lake Elsinore that is occupied by a Pollo Campero restaurant has been sold for $2.9 million. The 1.1-acre site at 29160 Central Ave. was sold by Evergreen Devco. Inc., which specializes in retail, multifamily and industrial real estate development, according to Hanley Investment Group in Corona …

U.S. retail sales rose for the sixth consecutive month in March, thanks to higher-than-normal tax returns that made up for higher gas prices, according to data released April 14. Total retail sales, excluding automobile dealers and gasoline stations, were up 0.4 percent month-over-month and up 6.6 percent year-over-year, the CNBC/National Retail Federation …

The Inland Empire office market slowed during the first quarter. Net absorption fell to negative 99,600 square feet, down from positive 15,100 square feet in the fourth quarter of 2025, according to CBRE. Vacancy was 6.1 percent, up from 5.7 percent quarter-over-quarter. That modest increase was attributed to several large …

The Inland Empire industrial market recorded a 7.8 percent vacancy rate during the first quarter, a 1.2 percent increase compared with the fourth quarter of 2025, according to a report. An increase in move-outs among buildings 500,000 square feet and larger, was responsible for that trend, which was strong enough …

Pending home sales fell 2.4 percent nationwide during the four weeks that ended April 5, the largest decline in three years, according to data released April 9. Homebuyers are backing away from transactions for several reasons, including higher mortgage rates, higher prices, and the Iran War, Seattle-based Redfin reported. The …

A San Bernardino parcel occupied by a Starbucks has been sold for $3.5 million. A private investor in Orange County bought the drive-thru-only prototype at 291 E. Hospitality Lane, according to Hanley Investment Group in Corona Del Mar. Hanley Investment represented the seller, a local developer. Both parties wished to …