Real Estate

One of the Inland Empire’s top retail brokerage teams is switching jerseys. Scott Kaplan and Erik Westedt have been hired by JLL away from CBRE Group Inc., according to a statement released Tuesday. The duo, which has completed more than $5 billion worth of transactions, will work out of JLL’s Ontario …

Single-family home prices in the Inland Empire, including distressed sales, increased 6.3 percent in March year-over-year, according to data released Tuesday. Month-over-month the increase in prices for Riverside and San Bernardino counties was negligible – 0.4 percent – Irvine-based CoreLogic reported in its monthly Home Price Index and HPI Forecast. …

Ascena Retail Group has signed a 10-year plus lease on an industrial building in Riverside. The Mahwah, N.J.-based company will occupy the 582,772-square-foot building at 7295 San Gorgonio Drive starting July 1, according to a statement by Western Realco in Newport Beach. The building will be Ascena’s first warehouse-distribution operation …

Foreclosures in the Inland Empire dropped in February, according to data released Tuesday. The rate of foreclosures among outstanding mortgage loans in the two-county region during the second month of the year was 0.67 percent, a drop of 0.21 percentage points year-over-year, Irvine-based CoreLogic reported. That was well below the …

Cash sales of single-family homes in the Inland Empire dropped slightly in January, according to data released Friday. Twenty seven point six percent of all homes sold in Riverside and San Bernardino counties during the first month of 2016 were cash transactions, down 1.5 percent year-over-year, Irvine-based CoreLogic reported. That …

The Inland Empire office market continued to improve during the start of 2016. While no new office buildings went online in Riverside and San Bernardino counties during the first three months of this year, approximately 167,000 square feet of office space was under construction there during that time, according to …