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Real Estate

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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Ontario retail buildings sell

Two retail buildings at a Walgreens-anchored neighborhood shopping center in Ontario have been sold in separate transactions. Both transactions were brokered in part by Hanley Investment Group Real Estate Advisors, a national retail investment advisory firm, according to a statement. The first, a 13,381-square-foot building fully occupied by O’Reilly Auto …

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SC home sales continue to drop

Home Sales Decline

Sales of single-family homes and condominiums in Southern California took a steep year-over-year drop in  February, continuing a trend that began nearly one year ago. A total of 13,466 new and existing houses and condos were sold in the six-county region last month, the lowest for the month of February …

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Perris retail center sells

A multi-tenant retail center in Perris has been sold. Shops at Ramona Expressway, a 9,800-square-foot project, was sold to a private investor in Monterey Park for $3.5 million, according to Progressive Real Estate Partners in Rancho Cucamonga The seller was a Riverside-based investor who was represented by REeBroker Group. Both …

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Restaurant building sells for $3.5 million

A Fontana building occupied by a Raising Cane’s Chicken Fingers fast-food restaurant has been sold. The single-tenant structure at 16988 S. Highland Avenue sold for $3.5 million, according to Hanley Investment Group Real Estate Advisors in Corona Del Mar. The restaurant sits on approximately one-half acre and is part of …

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