Space should be absorbed and construction should continue during the next 12 months, according to several people familiar with the market. The Inland Empire retail market will likely perform well during 2018, continuing the slow but steady improvement it has undergone since the recession ended. That’s the good news. The …
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Foremost Cos., a residential land developer in Newport Beach, is scheduled to host a grand opening today at a master-planned community it’s developing in Temescal Valley. Sterling, which will be for residents at least 55 years old, will be the fifth neighborhood at Terramor, a 16-neighborhood project that will include …
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The Inland Empire experienced the sixth-largest growth in apartment rents among major U.S. metropolitan markets during 2017, a report released Wednesday stated. Rents for new residents in Riverside and San Bernardino counties rose 4.7 percent last year, according to RealPage Inc., a real estate software and data analytics company based …
Read More »It’s just not coming back as fast as people connected with the market would like. Vacancy is still above 10 percent, although the region continues to post positive net absorption, albeit in small numbers. Two thousand and eighteen is likely to be more of the same. Will 2018 finally be …
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KB Home will develop 51 single-story homes in southwest Riverside County. The project, called Alure,will be built in French Valley on property near Interstates 15 and 215 and Highway 79, convenient to Murrieta, Wildomar and downtown Temecula, according to a statement by the Los Angeles-based homebuilder. Alure will have three …
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Whether it stays as hot as it’s been the past two years remains to be seen, but the IE figures to keep getting more than its share of logistics development during the upcoming year. The Inland Empire industrial market absolutely sizzled during 2017. During the third quarter, the most recent …
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IE Business Daily Business news for the Inland Empire.
