Friday , May 24 2024

Real Estate

SB office building is back on the market

Inland Empire Business News.001

A local commercial real estate brokerage has been hired to market a long-vacant office building in San Bernardino. The two-story building in the SBD Corporate Center is owned by the Inland Valley Development Agency and was last used by the U.S. Defense Department as an accounting office, said Rick Lazar, …

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Commercial project on the market

Inland Empire Businesses Coach Next Generation.002

A mixed-use office and commercial project in Upland is up for sale. Stewart Plaza, a nine-acre development on North Mountain Avenue, is available for $24.5 million, according to CBRE Group Inc. The property, at North Mountain Avenue and Arrow Highway, consists of seven buildings on nearly 123,000 square feet of …

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Sales of distressed homes decline

Inland Empire News for April 13th.002

Distressed sales accounted for 11.1 percent of all single-family home sales in the United States during April, according to data released Thursday. That represented a three percent drop year-over-year and a 1.5 percent drop compared with March, according to CoreLogic’s latest report on distressed property sales. Distressed sales are either …

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Inland retail market steady, not spectacular

Inland Empire Business News August 13, 2014.002

The Inland Empire retail market remained solid during the second quarter, with only minor changes compared with the first three months of 2015. Retail vacancy was up slightly during the second quarter, from 10 percent to 10.1 percent, while the average asking lease rate remained unchanged at $1.88 per square …

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Another strong quarter for industrial

Business Leaders come to gether in Inland Empire.002

The Inland Empire industrial market continued to roar during the second quarter, with properties of 500,000 square feet and larger leading the charge. Nearly 11 million square feet of gross industrial activity was recorded in Riverside and San Bernardino counties during that three-month period, according to CBRE Group Inc.’s quarterly …

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Pending home sales rise

Inland Empire Business & Real Estate News

Pending home sales rose to their highest level in nine years during May, according to data released Monday by the National Association of Realtors. The Pending Home Sales Index, which is based on signed contracts, rose nearly one percent last month and is currently at 112.6, which is 10.4 percent …

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