Thursday , March 28 2024
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Real Estate

Large distribution center goes on the market

Warehouse Deal Approved As Property Values Drop.002

Colliers International and Lee & Associates will market the recently completed I-210 Logistics Center II in Rialto. The building, which covers nearly 759,000 square feet, is at 1686 W. Baseline Road and is available exclusively for lease, according to a statement. “It has every amenity a regional logistics firm could …

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Home prices up, nationally and locally

Home Prices Increase

U.S. home prices, including distressed sales, were up seven percent in February year-over-year, according to data released Tuesday. Compared with January, home prices were up only one percent, Irvine-based CoreLogic reported in its monthly report on national home prices. “Home prices continue to grow at a torrid pace so far …

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Local manufacturing back on track

Inland Empire Makes News in Manufacturing.001

The Inland Empire’s manufacturing sector is growing again. The region’s purchasing managers index for March was 62.4, up from 58.6 in February and the third consecutive month that number as been above 50, according to data released Monday by the Institute of Applied Research and Policy Analysis at Cal State …

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Report: IE built most warehouse space between 2010 and 2016

The Inland Empire led the United States in the construction of warehouse space from 2010 through 2016, according to data released Thursday. About 13.7 billion square feet of logistical space was built in the United States during that time, with the Inland Empire adding nearly 67 million square feet, the …

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High Desert retail properties sold

Progressive Real Estate Partners in Rancho Cucamonga has announced the sale of two parcels at the Mall of Victor Valley. The first property, at 14390 Bear Valley Road, is occupied by an 8,000-square-foot Big 5 Sporting Goods store, according to a statement posted on Progressive’s website. That site sold for …

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Shoe and clothing company leases logistics building in Beaumont

Wolverine Worldwide, a global footwear and clothing company, has agreed to lease a 720,000-square-foot warehouse-distribution operation that is under construction in Beaumont. The building, part of the Crossroads Logistics Center, will serve as the company’s national distribution headquarters while supporting its fast-growing e-commerce business, according to  a statement released Tuesday …

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