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Real Estate

Weak office market hurt Ontario’s plans for major commercial site

Inland Empire News for April 2.004

City officials originally wanted mixed-use office and commercial on the Meredith site with little or no industrial development, but market conditions have forced them to go to Plan B, at least for now. It can no longer be said that there aren’t any large developable parcels of industrial real estate …

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Pending sales stay solid

Inland Empire Business & Real Estate News

Pending home sales were up in California in June, the seventh consecutive month of growth in that category. Overall, pending sales were up 12.5 percent last month compared with June 2014, according to data released Thursday by the Los Angeles-based California Association of Realtors. Month-over-month, pending sales were down 2.6 …

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Inland Center to get new tenant

Montclair Plaza Inland Empire

A discount clothing store for women is setting up shop at Inland Center Mall in San Bernardino. Styles for Less will take up a 5,000-square-foot space near the former Gottschalk’s location, said Terri Relf, Inland Center’s senior marketing manager. The store is expected to open in August, but no exact …

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Home builder confidence up

Home builders are bullish on the housing market. Builder confidence in new, single-family homes in July reached 60, according to the National Association of Home Builders /Wells Fargo Housing Market Index, which was released recently. At the same time, June’s index was upgraded one point to 60. The last time …

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Inland industrial market is more than solid

Inland industrial market is more than solid

To no one’s surprise, the Inland Empire industrial market performed spectacularly during the second quarter of this year. About 9.2 million square feet of industrial space was absorbed into the Inland market during that time, bringing the amount absorbed during the first half of this year to 11.8 million square …

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Inland Empire office market on the slow track back to respectability

Inland Empire Business News.001

Latest numbers shows things are improving, but at a slow pace. Speculative development is probably not on the horizon. The Inland Empire office market is coming back. Not very quickly, but it is coming back. That’s the conclusion of Newmark Grubb Knight Frank, one of the first of the major …

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