Sunday , October 2 2022

Real Estate

Forecast for Inland housing market: cautiously optimistic

Inland Empire Business News by IE Biz Hub.002

Analysts say the market should continue to improve in 2014, but a return to the booming pre-recession housing industry isn’t expected this year and may never happen While no one is predicting a return to the heady days of the mid-2000’s, the Inland Empire housing market should continue to improve …

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NAIOP REXIE Awards on Jan. 21

Changes coming to Inland Empire Real Estate.002

NAIOP Inland Empire will hold its third annual REXIE Awards Jan. 21 at the Ontario Airport Hilton. About 280 commercial real estate professionals are expected to attend the event, which recognizes local professionals and businesses for exceptional work in the Inland Empire, according to a release. The program, a fundraiser …

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Global footwear company signs Mo Valley lease

Changes coming to Inland Empire Real Estate.001

An international footwear and clothing manufacturer has signed a 10-year lease on a warehouse-distribution facility in Moreno Valley. Deckers Outdoor Corp. expects to move into the 800,000-square-foot building in July, said Art Barrett, spokesman for Sares-Regis Group in Irvine. Sares-Regis is developing the project on Grove View Road near Perris …

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Infill parcel sale means houses for Upland

Inland Empire Gets Housing & Manufacturing Bump.002

A Corona homebuilder has purchased an infill property in Upland where it plans to build 42 single-family homes. Meritage Homes Corp. paid approximately $7.5 million for 10 acres on 19th Street immediately west of North Campus Avenue, said Les Whittlesey, founding principal with WD Land Inc. in Irvine. The seller …

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New store for Stater Bros.

New Businesses to Open .002

Stater Bros. will move into the site of a former Vons store in Hemet. The new store, at 3125 W. Florida Ave., will replace a smaller Stater Bros. store across the street at the corner of Sanderson and Florida avenues, according to a Stater Bros. release. The location, in the …

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Inland region adds construction jobs

Inland Empire Economy Benefits from Construction.001

Construction jobs increased three percent in the Inland Empire between November 2012 and November 2013, another sign of economic recovery for the two-county region. An estimated 2,100 construction jobs were added in the Riverside-San Bernardino-Ontario market during that 12-month period, according to report released Tuesday by the Associated General Contractors …

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