Thursday , March 28 2024
Breaking News

Real Estate

Industrial portfolio sells for $104 million

A four-property industrial portfolio on the west end of the Inland Empire has been sold. Three of the buildings  – at 11600 Millennium Court, 8250 Milliken Avenue, and 9160 Buffalo Avenue – are in Rancho Cucamonga, according to a statement released by CBRE. The fourth site, at 4850 E. Airport Drive, …

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Industrial market rolls along

Inland Empire Industrial Market

The Inland Empire industrial market remains in excellent shape as it heads into the second half of 2019. The vacancy rate was at 3.8 percent as the second quarter ended, the lowest ever recorded in the two-county region, according to Voit Real Estate Services’ second quarter report on the Inland …

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Jack in The Box, surrounding land sold

A Jack in the Box restaurant in Highland has been sold. Located at Base Line Street and Seine Avenue next to Interstate  210, the property sold for $2.7 million, CBRE announced Monday. The seller was Evergreen Devco, a Los Angeles real estate company represented by CBRE. The buyer, a private …

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Industrial building lands two tenants

Industrial Tenants Announced

Two Ohio-based manufacturers have agreed to occupy an industrial building near Ontario International Airport. Esperia Holdings LLC and Technical Consumer Products Inc. have leased the Airport Distribution Center at 5700 E. Airport Drive, according to a statement released by Newmark Knight Frank. The 250,248-square-foot building is the southwest corner of …

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Yes, the state and local housing markets are struggling

Home prices rise again

On the other hand, they aren’t on the verge of collapse, according to some experts at a recent housing conference. The problem of how to get more houses built, however, remains. The Southern California housing market is definitely in a rut. How much of a rut remains to be seen, …

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Riverside fast-food site is sold

A retail property in Riverside that is home to a Jack in the Box restaurant and a Verizon cell phone tower has been sold. The site, at 1115 W. La Cadena Drive near Interstate 215 and Columbia Avenue, sold for $2.3 million, according to a statement released Monday by Hanley …

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