A regional logistics center in San Bernardino has changed hands in a sale-and-leaseback transaction. The building, at 4472 Georgia Blvd., sold for $27.9 million, according to Colliers International, which helped negotiate the sale. Industrial Property Trust, a Denver-based company that owns and operates logistics operations throughout the United States, bought …
Read More »Strong Housing Report for IE
The Inland Empire posted solid gains in single-family home sales and median prices during January, according to data released Tuesday. Year-over-year sales were up 7.8 percent in Riverside County and 3.7 percent in San Bernardino County, Irvine-based CoreLogic reported in its monthly analysis of the Southern California housing market. Prices …
Read More »Small Drop in Housing Cash Sales
Cash sales of single-family homes in the Inland Empire were down slightly in October year-over-year, according to data released Friday. Overall, cash sales accounted for 24 percent of all sales in Riverside and San Bernardino counties during October, a 1.6 percent drop from October 2014, Irvine-based CoreLogic reported. Nationwide, cash …
Read More »Local NAIOP Chapter Holds Inland Empire Gathering
An estimated 200 people attended NAIOP Inland Empire’s Industrial 2016 Kick Off Wednesday at Ontario Convention Center. The event, an overview of the Inland Empire industrial market and how it’s likely to perform this year, was highlighted by a panel discussion moderated by Luis A. Belmonte, a partner with Seven …
Read More »Inland Empire Home Prices Finish 2015 on a High
The price of a single-family home in the Inland Empire rose 5.7 percent year-over-year in December, according to data released Tuesday. Inland Empire home prices were also up slightly – 0.3 percent – compared with November, Irvine-based CoreLogic stated in its monthly report on national home sales in major metropolitan …
Read More »Local Foreclosures Drop
Foreclosures on outstanding mortgage loans in the Inland Empire measured .68 percent during November, according to data released Friday. That was a drop of .19 percent year-over-year and was well below the national foreclosure rate of 1.17 percent for November 2015, Irvine-based CoreLogic reported in its monthly foreclosure report. The Inland …
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