Real Estate

A 9.5-acre site in Perris has been sold to a logistics company that plans to build a warehouse-distribution facility there. Dedeaux Properties in Commerce paid $2.2 million for the property at 5150 Walnut Ave., according to a statement released by Avison Young Ontario, which negotiated the transaction. The seller was …

A commercial real estate company in Orange County has purchased two occupied retail buildings in San Bernardino. Wood Investments Cos. Inc. bought Food 4 Less and Ross Dress for Less,  both in the 500 block of West 2nd Street, the heart of the city’s downtown, according to a statement. The …

Sales of existing single-family homes in California totaled 398,880 in December, a 7.4 percent increase year-over-year, according to a report. Statewide, the median price of a single-family home during the last month of 2019 was $615,090, up 10.3 percent from December 2018, the California Association of Realtors reported recently. “Despite …

The Inland Empire’s industrial market continued to roar during the fourth quarter of 2019, with significant year-over-year jump in gross absorption along with solid vacancy and lease rates. Total industrial absorption in Riverside and San Bernardino counties at the end of last year was 10,047,337 square feet, an increase of …

A Yucaipa property occupied by an In-N-Out Burger and Corky’s Kitchen & Bakery has been sold for $8 million. The 2.2-acre site next to Interstate 10 at Yucaipa Boulevard sold for approximately $956 per square foot, a record for a two-tenant retail property in that part of San Bernardino County, …

Three point six percent of mortgages in the Inland Empire were in some stage of delinquency – at least 30 days past due – in October, a slight year-over-year decrease, according to data released Tuesday. Of those, one percent were in serious delinquency – 90 days or more past due …