Real Estate

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 …

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 …

Bids are being accepted on a vacant parcel in Rialto that can accommodate up to 30 single-family homes. Arrowhead Meadows covers 4.5 acres immediately south of San Bernardino Avenue between Bloomington and South Cactus Avenues, said Brian King, land advisor for WD Land in Irvine. The property, which is near …

Home prices rose 6.3 percent throughout the country during May compared with May 2014, a report released Tuesday stated. That number, which includes distressed sales, means prices of single-family homes have gone up year-over-year for 39 consecutive months, according to CoreLogic’s May 2015 Home Price Index. Month-over-month, home prices were …

The Inland Empire office market is coming back to life, albeit slowly. Riverside and San Bernardino counties absorbed 13,600 square feet of office space during the second quarter of this year, according to Newmark Grubb Knight Frank. That was a modest amount, but enough to lower the region’s vacancy rate …

A 2.4 million-square-foot industrial project is being developed in Eastvale. Goodman Commerce Center Eastvale will include a community shopping center, a hospital, medical offices, a business park and industrial buildings, according to Irvine-based Goodman Birtcher, the project’s developer. Information on the project was posted on Goodman Birtcher’s website. Goodman Commerce …