Real Estate

The Inland Empire office market continued to improve during the second quarter, as net absorption rose while the region’s vacancy rate declined. The two-county region added 97,882 square feet of office space in April, May and June, according to data released Tuesday by CBRE Group Inc. Ontario. Corona absorbed the …

Four point eight percent of all mortgages in the United States were delinquent during April,  down 0.5 percent year over year, according to data released Tuesday. Also during April, the national foreclosure inventory rate – which measures the percentage of mortgages in some state of delinquency – was 0.7 percent, …

Inland Empire home prices, including distressed sales, increased by 6.1 percent during May compared with May 2016, according to data released Wednesday. Month over month, home prices in Riverside and San Bernardino counties were up 0.8 in May, Irvine-based CoreLogic reported. Nationwide, prices were up 6.6 percent compared with May …

Pending home sales in California fell for the fifth consecutive month in May, according to data recently released. The state’s pending home sales index was 118.1 last month, down from 123 in May 2016, the California Association of Realtors reported. That decline happened even though closed escrow sales were strong …

Newell Brands, a global consumer goods company, has signed a three-year lease to occupy part of an industrial building at Southern California Logistics Airport in Victorville. The company, which has been a tenant at the logistics airport for 10 years, will be located in 195,508-square-feet of Distribution Center 18, a …

Despite what some people might believe, e-commerce is not on the verge of putting traditional brick-and-mortar retail out of business. That was the message delivered Thursday by David Egan, head of industrial research for CBRE Group in the United States and the primary speaker at NAIOP Inland Empire’s mid-year market …