NAIOP Inland Empire has named its Board of Leadership for 2016. Matt Englhard of Proficiency Capital LLC will serve as president during the upcoming year, while Joe Cesta of CBRE Group Inc. will serve as president-elect and Steve Haston of Lee & Associates will be treasurer, according to a statement. …
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Marcus & Millichap has announced the sale of Vineyard Marketplace II in Rancho Cucamonga. The 9,349-square-foot property at 11460 Kenyon Way sold for $4.3 million, according to a statement released Thursday. Names of the buyer and seller were not disclosed. Vineyards Marketplace II is at the southeast quadrant of the …
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Newcastle Partners Inc. has purchased land in Chino where it plans to develop an industrial building. The 78,000-square-foot structure will be built on 3.6 acres at 5490 Schaefer Ave., property Newcastle purchased from the city of Chino for an undisclosed sum, according to a statement. Lee & Associates represented Newcastle …
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Single-family home prices increased six percent in the Inland Empire in November year-over-year, according to data released Tuesday. Compared with October 2015, home prices in Riverside and San Bernardino counties were down 0.2 percent, Core Logic reported in its monthly Home Price Index and HPI Forecast. Both of those numbers …
Read More »An office building in Redlands has been sold. The two-story structure at 1901 Orange Tree Lane sold for $3.5 million, said Rick Lazar, senior vice president with Coldwell Banker Commercial Sudweeks Group, which occupies about 10 percent of the structure. The buyer was a private investment group in Ontario. Coldwell …
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The market improved in 2015, and it will most likely continue to do so this year, but several factors are preventing the robust comeback everyone is hoping for. Yes, the Inland Empire housing market improved during 2015. Both sales and median prices were up as the year came to an …
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IE Business Daily Business news for the Inland Empire.
