Tuesday , June 18 2024

Real Estate

Industrial project to create jobs

Inland Empire Business News for May 13th, 2014.001

A 1.1-million-square-foot industrial building that broke ground recently in San Bernardino is expected to bring at least 250 to 500 jobs to the city. The third building of the AllianceCalifornia Gateway South logistics development doesn’t have a signed tenant, but one should be secured before the project is completed at …

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Shopping center up for sale

Inand Empire Businesses Ramp Up for Holiday Shopping.001

University Village in Riverside is on the market. The center, whose tenants include Starbucks, Jersey Mike’s Subs, Denny’s and Regency Theatres is available for $45 million, according to a report in The Press-Enterprise. University Village is at 1201 University Ave. near the main entrance to UC Riverside and University Village …

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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 …

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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 …

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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 …

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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, …

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