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Real Estate

Major Inland office complex sells

Inland Office Market Improves.001

One of the Inland Empire’s more prominent office developments has been sold. Tri-City Corporate Centre, a 17-building, mixed-use project in San Bernardino, sold for an undisclosed sum, according to CBRE Group Inc. The transaction, which took five months to complete, was announced Thursday. Based on square footage, it’s believed to …

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National home prices climb

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U.S. home prices continued to rise in January, as high prices and not enough houses for sale continued to plague the market. Prices rose 4.6 percent during the first month of the year compared with January 2014, according to the report, which cited the Standard & Poor’s /Case-Schiller 20-city home …

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Industrial leased announced

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A major industrial project in Chino will soon be fully occupied. Solo Cup Co., a leading manufacturer and distributor of paper and plastic cups and other products, is scheduled to move into the final building of the Empire Gateway Project in Chino in May, said Tom Taylor, senior executive vice …

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Industrial project to create jobs

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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

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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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