Real Estate

Adelanto has approved a retail project that will be developed on 18 acres at the northeast corner of Highway 395 and Rancho Road. Rancho Plaza at 395 will cover a little less than 200,000 square feet and will include a service station, a three-story, 60-room hotel, drive-thru restaurants, office space …

A Fort Worth-based homebuilder has purchased 36 lots in Highgrove, an unincorporated community in Riverside County next to Riverside. D.R. Horton, rated the largest homebuilder in the United States by the National Association of Home Builders every year since 2002, bought the property at Garfield and West Spring streets, said …

The Inland Empire’s industrial market continued to perform well during the third quarter, though several sectors did record minor drops during that time. Average lease rates reached 51 cents during that three-month period, up an average of 10 cents year-over-year and higher than the peak years of 2007-08, according to …

Ontario Airport Distribution Center, a 102,440-square-foot facility, has been sold. The building, at 1521 S. Hellman Ave., sold for $12 million to Parter Medical Products LLC in Ontario, according to a statement. The seller was Newcastle Partners Inc., a San Francisco-based real estate development and investment company. Parter Medical manufactures …

Rental rates of multifamily properties throughout the United States were flat in September, the first such drop in nearly one year. Average monthly rents last month were $1,219, a drop of $1 from August, according to Yardi Matrix, a commercial real estate research and data service that specializes in the …

Inland Empire home prices, including distressed sales, rose by 5.7 percent year-over-year in August, according to data released Tuesday. That was below the national rate, which was up 6.2 percent in August compared with August 2015, Irvine-base CoreLogic reported. California’s home prices, including distressed sales, were up 5.9 percent during …