Friday , March 29 2024
Breaking News

Real Estate

Major industrial building gets started

Inland Empire Business News for November.001

Ground has been broken in a 1.1 million-square-foot industrial building in San Bernardino. The third building of the AllianceCalifornia Gateway South logistics project will be constructed on 50 acres at 550 Orange Show Road and is expected to be finished by December, according to a statement released Thursday by Colliers …

Read More »

State pending home sales are up

Inland Empire Business News August 18th, 2014.002

Pending sales of single-family homes in California rose substantially in February, making their first double-digit, year-over-year gain in nearly three years. Statewide, pending sales – meaning a contract has been signed but the deal has not yet closed – were up 15.6 percent compared with February 2014, according to data …

Read More »

Foreclosures drop dramatically

Inland Empire Economy Improves.002

Foreclosures in Riverside County last month fell to levels not seen seen in more than eight years, according to a report in The Press-Enterprise. At the same time, foreclosure filings were up in San Bernardino county, according to the report, which cited data from RealtyTrac, an Irvine-based real estate information …

Read More »

Retail buildings in High Desert are sold

Inland Empire Business News June 19th.003

A portion of an Apple Valley shopping mall has been sold. Pacwest Management in Los Angeles bought four retail buildings at Rancherias Plaza for $3.1 million from Huntington Beach Partnership, according to a statement. The sale was announced Wednesday. The property, which is about 40 percent occupied, includes Domino’s Pizza, …

Read More »

Bank building sells

Inland Empire Business News July 15th.001

A Citibank branch office in Riverside has been sold. Faris Lee Investments completed the sale of the building, a 7,508-square-foot structure at 3580 Tyler St. across from the Galleria at Tyler, according to a statement released Wednesday. Shaun Riley, senior managing director with Faris Lee, represented the buyer, a family …

Read More »

Housing market is still reduced sales, higher prices

Inland Empire Business News for May 16th, 2014.002

It was more of the same last month in the Southern California housing market. Sales homes fell 2.7 percent year-over-year during February, while median prices rose 7.6 percent, according to CoreLogic DataQuick in San Diego February’s total sales – 13,560 – was a slight uptick from January, but still the …

Read More »