Real Estate

Two major homebuilders have purchased parcels in Terramor, a master-planned community in unincorporated Riverside County. The lots, part of the development’s first phase, were purchased by KB Home in Los Angeles and CalAtlantic Homes in Arlington, Va., according to a statement released today. KB Home will build two neighborhoods that …

Colliers International and Lee & Associates Commercial Real Estate Services are marketing a fulfillment center in Rialto that could ultimately employ between 200 and 500 people. The I-210 Logistics Center II, which was completed last year, covers nearly 760,000 square feet and was part of a $2 billion real estate …

Grading has begun on a major housing development in Corona. Bedford will consist of 1,620 homes southwest of the Cajalco Road and Interstate 15 interchange, on the site for a former lemon grove, according to a statement released by the project’s developer, The New Home Company in Aliso Viejo. The …

The U.S. multifamily market improved slightly in March. Average monthly rents rose $6 during that time to $1,312, according to data released by Yardi Matrix in Santa Barbara. That data, based on a survey of 121 major metropolitan markets, found that rents were 2.7 percent higher nationwide in March than …

Construction has begun on a 370,023-square-foot warehouse-distribution operation at the Southern California Logistics Airport in Victorville. Walls were tilted up during a recent ceremony that was attended by Victorville and San Bernardino County officials, 70 construction workers and representatives from Stirling Development, according to a statement. Stirling Development is based …

Colliers International and Lee & Associates will market the recently completed I-210 Logistics Center II in Rialto. The building, which covers nearly 759,000 square feet, is at 1686 W. Baseline Road and is available exclusively for lease, according to a statement. “It has every amenity a regional logistics firm could …