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Real Estate

Tour of Inland industrial sites gets a slight makeover

NAIOP Inland Empire Schedules Real Estate Tour.001

This year’s tour, scheduled to be held from 11 a.m. to 6 p.m. Nov. 5, will be separated into four zones – two on the west side and two on the east side – said Robert Evans, executive director of NAIOP’s Inland Empire chapter. The tour, which is about 15 …

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Local foreclosures edge down

Local foreclosures edge down

Foreclosures in the Inland Empire dropped slightly in August. The region’s foreclosure rate was 0.7 percent, down 0.2 percent compared with August 2014, according to data released Tuesday by CoreLogic in Irvine. Overall, 5,764 foreclosures were completed in the Inland region during that 12-month period, down from 6,697 completed foreclosures …

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Inland retail shows growth

Inland retail shows growth

The Inland Empire’s retail market showed steady improvement during the third quarter, with nearly 160,000 square feet of positive net absorption recorded during that time. More than 304,000 square feet of retail space was under construction in Riverside and San Bernardino counties as the quarter ended, according to Voit Real …

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Inland foreclosures decline

Real Estate Good in Inland Empire

Foreclosures in the Inland Empire were down year-over-year in July, according to data released Friday. The rate of foreclosures among outstanding mortgage loans in the Inland region that month was 0.72 percent, down from 0.97 percent in July 2014, Irvine-based CoreLogic stated in its monthly report on U.S. foreclosures. That …

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IE industrial continues to grow

Major warehouse-distribution facility open in Fontana

The Inland Empire’s industrial market remained strong during the third quarter, as available space continued to drop and lease rates kept rising. The two-county region recorded 7.2 million square feet of positive net absorption during that time, according to Voit Real Estate Service’s third quarter report on the industrial market …

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Apartment complex changes hands

Apartment complex changes hands

An apartment complex in Corona has been sold. Promenade Terrace, a 330-unit community, sold for $78.5 million, or nearly $238,000 a unit, according to a statement released Wednesday. Institutional Property Advisors, a division of Marcus & Millichap that works with institutional and major private real estate investors, represented the seller …

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