Pending home sales in California were down in April, the result of low inventory and declining affordability, according to data released Wednesday. The state’s pending home sales index was down 7.4 percent year-over-year, to 113.7, the Los Angeles-based California Association of Realtors reported. That was the fourth consecutive month that …
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The Baldy View Chapter of the Building Industry Association of Southern California will hold its fourth annual Housing Policy Conference June 2 at the DoubleTree Hotel in Ontario. Ben Metcalf, director of California’s Department of Housing and Community Development, will deliver the keynote address, according to a statement. Attendees will …
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A neighborhood shopping center in Corona has been sold. Temescal Village, a 102,976 square-foot facility 1181-1199 Magnolia Ave., was purchased for nearly $17 million by Passco Cos. in Irvine, which buys, develops and manages commercial and multi properties throughout the United States, according to a statement. Cushman & Wakefield’s Irvine …
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April was definitely a seller’s month in the Southern California housing market. The median price of a home in the five-county region reached $485,000 last month, up 6.2 percent compared with April 2016, Irvine-based CoreLogic reported. Sales were another matter. A total of 20,244 new and resale houses and condominiums …
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Airbus DS Communications Inc. in Temecula, which makes public safety communications systems, is consolidating. The company has signed a 12.5-year lease on a 106,760-square-foot industrial building at 41995 Zevo Drive, according to a statement. The lease is worth $21 million. The company will move its two Temecula operations into the …
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An international import-export firm has agreed to occupy a 267,000-square-foot industrial building in Fontana. GoPlus Corp. recently signed a 63-month lease on the property at Vintage Park East Industrial Park, one of the more sought-after industrial locations on the Inland Empire’s west side, according to Colliers International. The agreement is …
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IE Business Daily Business news for the Inland Empire.
