Real Estate

A multi-tenant retail building in Ontario that is part of a retail project anchored by a Walmart Supercenter has been sold. The property, which covers 6,786 square feet, sold for $5.9 million to a private investor in Irvine whose name was not disclosed, according to a statement released today by Hanley Investment …

QVC, the international video and e-commerce retailer, on Monday opened its Ontario distribution center with a ribbon-cutting and grand opening ceremony. The one-million-square-foot facility, QVC’s first distribution operation on the west coast, is expected to create 1,000 jobs by 2020, according to a company statement. The distribution center, which was …

Distressed sales made up 9.6 percent of all home sales in the Inland Empire during May, according to data released Tuesday. That was above the national rate of 8.4 percent, but it also marked the largest improvement of any major metropolitan market in the United States from its distressed sales …

An environmental impact report for a proposed warehouse-distribution manufacturing project in Moreno Valley is available to the public. Indian Street Commerce Center, a 446,350-square-foot structure, will be developed by Sares Regis on 19.6 acres of open space on the west side of Indian Street south of Grove View Road, said …

More Inland Empire homeowners are pulling equity out of their houses and using the money to fix up their houses. Some of the 23 credit unions based in the Inland Empire are issuing more loans that involve home equity, including home equity lines of credit, second mortgages and cash-out refinance …

Cash sales accounted for 24.2 percent of all home sales in the Inland Empire during May, according to data released Thursday. That was a 0.5 percent year-over-year drop, Irvine-based CoreLogic reported. The Inland Empire was well below the national rate: cash sales accounted for 30 percent of all home sales …