A company that distributes shipping, industrial and packaging materials throughout North America will locate at the Ontario Rancho Logistics Center. Uline, a privately owned business based in Wisconsin, has leased a 1.2-million-square-foot warehouse-distribution building that is under construction at 4815 S. Hellman Ave., according to a statement released Monday. The …
Read More »Home prices nationwide rose 4.1 percent year-over-year in February, reaching their highest level in more than one year, according to data released this week. U.S. home prices rose a mere 0.6 percent between January and February, CoreLogic in Irvine reported. Those numbers were recorded before the Coronavirus pandemic began laying …
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A parcel in Twentynine Palms occupied by a Starbucks drive-thru has been sold for $3.1 million. The property, at 73690 Twentynine Palms Highway, was sold by Fountainhead Development in Newport Beach to a Los Angeles-based investor, according to a statement. Hanley Investment Group represented Fountainhead Development. RE/MAX Commercial represented the …
Read More »A 182-unit apartment complex in Rancho Cucamonga has been sold. Arte, at 10130 Foothill Blvd., changed hands for $68 million in an off-market transaction, according to a statement released by Avison Young. The seller was Fore Property in Santa Barbara, the buyer was Providence Capital Group Inc. in Encinitas. Avison …
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Members of the California Association of Realtors say the Coronavirus will inflict major damage on the state’s housing market. Unfortunately, says one economist and a veteran homebuilder, they’re almost certainly right. If a sampling of California realtors is accurate, the Coronavirus pandemic is going to wreak serious havoc on the …
Read More »The former home of Acapulco Mexican Restaurant and Cantina in Montclair has been sold. Located at 9405 Monte Vista Ave., the building sold for $2.1 million, according to a statement released by Progressive Real Estate Partners in Rancho Cucamonga. Progressive Real Estate marketed the property and represented the seller, a …
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IE Business Daily Business news for the Inland Empire.
