Real Estate

NAIOP Inland Empire is getting ready for its annual bus tour of industrial properties in Riverside and San Bernardino counties, with this year’s format set be a little different than last year’s. Rather than tour four zones, this year’s caravan will tour five, with the Perris-Moreno Valley sector from last …

Twenty nine percent of all households in California could afford a median-priced home – $553,260 – during the second quarter of this year, according to a report. That was a three percent drop from the first quarter and a two percent decline year-over-year, the Los Angeles-based California Association of Realtors …

Daum Commercial Real Estate Services has negotiated the sale of two Inland industrial buildings  that combined are worth more than $13 million. The first building, at 1228 Sherborn St., sold for $7.5 million to Excel Business Park LLC, a private investment group, Daum Commercial announced Monday. Newport Trading LLC was …

A neighborhood shopping center in Fontana has been sold.. Southridge Plaza, which covers nearly 120,000 square feet at Cherry and Live Oak avenues, sold for $20.6 million, Faris Lee Investments announced last week. The seller was Fortress Investment Group, a private equity fund in Los Angeles. San Diego-based Fontana Southridge …

Six retail tenants have signed leases at Metro at Main, a new mixed-use community in Corona. Coffee Bean & Tea Leaf, America’s Best Vision, Poki Cat, Organic Junkie, Meraki Salon and Union Barber & Beer Lodge have all agreed to locate at the project at North Main and Rincon streets, …

Four and one-half percent of all mortgages in the United States were delinquent during May, a year-over-year decline of .8 percent, according to data released yesterday. In May, the number of properties in some stage of foreclosure inventory was 0.7 percent, compared with one percent one year earlier, Ivine-based CoreLogic reported. …