A Starbucks Cafe & Drive-Thru in Perris has been sold for $4.8 million. Hanley Investment Group in Corona Del Mar represented the seller, Yellow Rose Ranch, LLC, according to a statement, Yellow Rose Ranch also developed the property at 3939 Ramona Expressway. The buyer was a private investor from Newport …
Read More »Inland industrial vacancies rise slightly
The Inland Empire’s industrial market’s vacancy rate rose to 8.8 percent during the fourth quarter of 2025, a 1.1 percent year-over-year increase, according to a recent report. At the same time, the average monthly lease rate was $1.00 per square foot, a two-cent decrease from the previous quarter, and down …
Read More »Murrieta lands growing coffee shop chain
A boutique coffee bar chain is coming to Murrieta. Black Rock Coffee Bar has leased 25,644 square feet at the Margarita Square Shopping Center in Murrieta, where it plans to develop a drive-thru facility, according to Westmar Commercial Real Estate in Temecula. The property is at the southeast corner of Murrieta Hot Springs …
Read More »San Bernardino gas station, convenience store sold
A gas station and convenience store in San Bernardino have been sold for $2.7 million. The transaction included both buildings and the property they occupy at 2734 Del Rosa Ave., according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, a Rancho Cucamonga resident who owns gas …
Read More »High Desert retail center sold
A retail center in Victorville has been sold for $6.1 million. Victorville Pavilion, an 11,680-square-foot development at 14190 Bear Valley Road, was sold by a private investor to another private investor, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller. Both parties wished to remain anonymous. Built …
Read More »Multifamlly project underway in Wildomar
A 150-unit apartment complex is under construction in Wildomar. DAX will consist of studio, one and two-bedroom units and will be developed by Intracorp, which builds high-end multifamily complexes throughout North America, according to a statement on the company’s website. DAX – official name Dalton at Wildomar Crossroads – will …
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IE Business Daily Business news for the Inland Empire.