Floor & Decor, a hard-surface flooring retailer, has leased a 1.1 million-square-foot warehouse-distribution facility in Moreno Valley. The building, at 24101 Iris Ave. is the Atlanta-based company’s first operation in the Inland Empire, according to a statement posted Wednesday on the city’s website. About 65 people are expected to work …
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A hearing before the Riverside Planning Commission regarding a proposed 1.3 million-square-foot industrial project has been postponed. Hillwood, the Dallas-based real estate developer, and The Magnon Companies in Riverside want to build two warehouse-distribution buildings on land between Sycamore Canyon Wilderness Park and Interstate 215, City Planner Ted White said Wednesday. …
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Home prices in the Inland Empire rose 5.9 percent in September compared with exactly one year earlier, according to data recently released. Nationwide, home prices rose 6.3 percent in September year-over-year, Irvine-based CoreLogic reported in its monthly study of home prices. Those numbers include distressed sales, which means a property …
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Stirling Capital Investments has completed a 447,740-square-foot industrial facility at the Southern California Logistics Centre in Victorville. The building, at the southwest corner of Phantom West and George Boulevard, was pre-leased by Arden Cos., a manufacturer of outdoor furniture and decor, and Newell Brands, a consumer goods company, according to …
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Pending home sales in California were up slightly in September, amid signs that the region’s overall housing market might be cooling off. Statewide, pending sales – meaning a contract has been signed but the sale has not yet closed – were up 5.2 percent compared with August and 10.5 percent …
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Southern California’s housing market suffered a slight drop in September, as sales were down nearly one percent year-over-year. Overall, 20,927 new and resale houses and condominiums were sold in the six-county region last month compared with 21,093 in September 2015, according to data released Wednesday by CoreLogic in Irvine. Despite …
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IE Business Daily Business news for the Inland Empire.
