Real Estate

A company that designs and manufactures plastic containers for food, beverage and other consumer products will add to its operation at Southern California Logistics Airport in Victorville. Plastipak Packaging Inc. has leased part of 370,023-square foot industrial building that is being built by Stirling Development, the airport’s master developer, according …

Century 21 Peak has acquired American Inland Empire R.E., Inc., a real estate company that does business as Weichert Realtors 24/7. The purchase, which was announced last week, is part of Century 21 Peak’s bid to expand its market share in Southern California during the next five years. Terms of …

Home prices, including distressed sales, were up 5.6 percent year-over-year in the Inland Empire in October, according to data released Tuesday. That was below the national rate of 6.7 percent, Irvine-based CoreLogic reported. “While national home prices increased 6.7 percent, only nine states had home price growth at the same …

The Inland Empire’s foreclosure rate dropped in September, another sign that the region’s economy continues to mend. Among all outstanding mortgage loans in the two-county region, 0.49 percent were in some state of foreclosure, a drop of 0.23 percentage points year-over-year, Irvine-based CoreLogic reported. That was lower than the national …

Southern California’s housing market sent out mixed signals during October, with flat sales but a noticeable rise in prices. Sales of houses and condominiums in the six-count region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – were up an insignificant 0.3 percent year-over-year, according …

A large multifamily community in Moreno Valley has been sold. Broadstone Lasselle, a 304-unit complex near the intersection of Interstate 215 and the 60 Freeway, sold this month for a little more than $55 million, said Alex Garcia Jr., senior director with Marcus & Millichap’s Institutional Property Advisors division. The …