Distressed sales accounted for 10.9 percent of all home sales in the Inland Empire during November, according to CoreLogic in Irvine. Of the 25 major metropolitan areas included in CoreLogic’s study of distressed sales in November, the Inland Empire recorded the largest drop from its peak level. Distressed sales in …
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Colliers International has completed the sale of a warehouse-distribution facility in Jurupa Valley. Costco Wholesale Corp. bought the building, which it plans to use as a regional distribution center, for $65.6 million, according to a statement released this week. The seller was TIAA-CREF, the investment entity of Teachers Insurance and …
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NAIOP Inland Empire is scheduled to hold its Industrial 2016 Kick Off and Networking Event Feb. 3 at the Ontario Convention Center. The gathering, which will run from 1:45 to 6 p.m., will include a review of the industrial and office markets in the Inland Empire in 2015 and a …
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The Southern California housing market got even hotter in December, as the price of a single-family home reached its highest point in more than eight years. The median price of a single-family home last month was $443,000, a 6.7 percent year-over-year increase and the highest price recorded in the region …
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A shopping center in Chino has been sold. Chino Promenade, a 64,082-square-foot facility that is 86 percent leased, sold for $10.8 million, according to a statement released Tuesday by CBRE Group Inc. Crown Financial, which CBRE represented, sold the property to LJZ Murrieta LLC, a private investment group that plans …
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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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IE Business Daily Business news for the Inland Empire.
