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Real Estate

Inland real estate conference scheduled

Conference on Exports Scheduled

RENTV will hold its fourth annual Inland Empire Commercial Real Estate State of the Market Conference Thursday. The conference, at the Embassy Suites by Hilton Ontario Airport, will feature more than one dozen Inland commercial real estate brokers who will give their assessment of the local retail, industrial, office and …

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Industrial to replace shuttered amusement parks

The former Scandia Fun Center in Ontario will soon be no more. Bridge Development Partners LLC in Chicago announced recently that it has purchased the property at 1155 S. Wannamaker Ave., which it plans to demolish and replace with two industrial buildings, according to a statement. The buildings, which are …

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Senior apartment complex sells

A 71-unit senior complex in Ontario has been sold. Bernardine Senior Independent Living sold to a private investment group in Los Angeles whose name was not released for $6.7 million, or approximately $95,400 per unit, according to a statement. The seller was identified  only as an Inland Empire acquisition group. …

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Inland office vacancy keeps shrinking

Inland Empire office market continues to improve

Office vacancy in the Inland Empire fell to 8.5 percent during the first quarter, its lowest percentage since the first quarter of 2006, according to data released Wednesday. The east end led in absorption gains, while the west side – Ontario, Rancho Cucamonga, Fontana, Mira Loma – sustained a seven …

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IE industrial market keeps growing

Industrial Tenants Announced

The Inland Empire’s industrial sector showed no signs of slowing during the first three months of 2019, according data released this week. Vacancy fell to 4.5 percent, down from 8.2 percent year-over-year, Voit Real Estate Services’ reported in its first quarter analysis of the Inland industrial market. The two-county region …

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Gated community in Corona adds a neighborhood

A fourth neighborhood at a gated community in Corona opened Saturday. Parson is a collection of 80 single-family court homes that makes up Bedford, which will include 1,600 homes when it’s completed, according to a statement. Master developer The New Home Co., along with Tri Pointe Homes and Woodson Homes, …

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