The Inland Empire’s manufacturing sector is growing again. The region’s purchasing managers index for March was 62.4, up from 58.6 in February and the third consecutive month that number as been above 50, according to data released Monday by the Institute of Applied Research and Policy Analysis at Cal State …
Read More »Report: IE built most warehouse space between 2010 and 2016
The Inland Empire led the United States in the construction of warehouse space from 2010 through 2016, according to data released Thursday. About 13.7 billion square feet of logistical space was built in the United States during that time, with the Inland Empire adding nearly 67 million square feet, the …
Read More »High Desert retail properties sold
Progressive Real Estate Partners in Rancho Cucamonga has announced the sale of two parcels at the Mall of Victor Valley. The first property, at 14390 Bear Valley Road, is occupied by an 8,000-square-foot Big 5 Sporting Goods store, according to a statement posted on Progressive’s website. That site sold for …
Read More »Shoe and clothing company leases logistics building in Beaumont
Wolverine Worldwide, a global footwear and clothing company, has agreed to lease a 720,000-square-foot warehouse-distribution operation that is under construction in Beaumont. The building, part of the Crossroads Logistics Center, will serve as the company’s national distribution headquarters while supporting its fast-growing e-commerce business, according to a statement released Tuesday …
Read More »Logistics building completed
Newcastle Partners Inc., a real estate investment and development company, has finished building a speculative warehouse-distribution facility in Moreno Valley. Knox Logistics Center covers 147,000 square feet at 17610 Harvill Ave., according to a statement released Tuesday. The single-building facility, near the Harley Knox Blvd. entrance-exit on the 215 Freeway, …
Read More »Furniture maker extends lease
Modus Furniture International has renewed for five years the lease on its Fontana warehoused-distribution operation. The Los Angeles-based company, one of the largest makers of commercial furniture in the United States, signed a $6 million agreement to remain at Vintage Park East, according to a statement. Colliers International Ontario represented …
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