Once envisioned as a gateway to the Inland Empire that would be anchored by high-end office projects, the 250-acre parcel at Interstate 10 and Archibald Avenue is now the Meredith International Centre and is a mix of retail, residential and industrial. Office development will likely go in other parts of …
Read More »One more bad month for Southern California home sales
The Southern California housing market suffered another rough month in June, according to data. Sales of new and existing houses and condominiums fell 8.8 percent year-over-year, from 22,804 in June 2018 to 20,790 last month, CoreLogic in Irvine reported. That was the lowest total sales for the month of June …
Read More »Fitness center leases space in Ontario
A fitness center will occupy part of a former Kmart in Ontario. Planet Fitness has leased 24,345 square feet of the 100,000-square-foot structure at 1670 E. Fourth St., according to Progressive Real Estate Partners in Rancho Cucamonga. Terms of the lease were not disclosed. Progressive Real Estate negotiated the agreement …
Read More »Riverside County property value increases
Property value in Riverside County grew six percent during the 2018-2019 fiscal year, county officials announced. All sectors of the Riverside County real estate market grew during the fiscal year that ended June 30, leaving the taxable value of all property in the county at $302 billion, according to Assessor-County …
Read More »Site of future industrial project sells
A 9.8-acre site in Perris that is the future home of an industrial building has been sold. The property at the southwest corner of Harley Knox Boulevard and Redlands Avenue next to to Interstate 215 sold for an undisclosed sum, according to Newmark Knight Frank and CBRE, both of whom …
Read More »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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