California will lead the western United States in self-storage development, according to a forecast. The state is expected to deliver 4.9 million square feet of self-storage space in 2025, the most of any state except for Texas and Florida, predicts rentcafe.com, a website that tracks self-storage properties and apartments. Most …
Read More »Sales of seasonal homes drops
Homes sold in towns where vacation residences drive much of the housing market fell three percent year-over-year in July, according to a report. That compares to a one-percent nationwide decline in home sales in towns where seasonal homes are not a major factor, Redfin reported. In seasonal towns, sales have …
Read More »Inland industrial market sends mixed signals
Who says the Inland Empire industrial market is struggling? In the large industrial lease category, the Inland region appears to be performing fine, according to CBRE. Of the top 100 industrial leases of one million square feet or more recorded nationwide during the first half of 2025, 14 were in …
Read More »Industrial project in Hesperia underway
Construction has started on a 406,100-square-foot industrial building in Hesperia. The project, at 9260 Mesa Linda St., is expected to be completed during the second quarter of next year, according Voit Real Estate Services. It is available for sale or lease. Voit is in charge of marketing, sales, and leasing. …
Read More »Empire region leads nation in large industrial leases: report
The Inland Empire had the highest number of large industrial leases nationwide during the first half of 2025, according to CBRE. Of the 100 industrial leases of one million square feet or more, 14 were in Riverside or San Bernardino counties, the most of any major U.S. market, the international …
Read More »Retail building sold for nearly $6 million
A 7,200-square-foot retail building in Winchester has been sold for $5.9 million. The structure at 35974 Winchester Road is home to Panera Bread and Toro Sushi, both of which have long-term triple-net leases, according to SRS Real Estate Partner’s Newport Beach office. The building in the French Valley Marketplace also …
Read More »
IE Business Daily Business news for the Inland Empire.