Friday , April 26 2024
Breaking News

Real Estate

Multifamily rents are up locally, nationally

The U.S. multifamily market improved slightly in March. Average monthly rents rose $6 during that time to $1,312, according to data released by Yardi Matrix in Santa Barbara. That data, based on a survey of 121 major metropolitan markets, found that rents were 2.7 percent higher nationwide in March than …

Read More »

Distribution center under construction in Victorville

Construction has begun on a 370,023-square-foot warehouse-distribution operation at the Southern California Logistics Airport in Victorville. Walls were tilted up during a recent ceremony that was attended by Victorville and San Bernardino County officials, 70 construction workers and representatives from Stirling Development, according to a statement. Stirling Development is based …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »