The national housing market remained a seller’s market during February. Including distressed sales, prices rose 5.6 percent compared with February 2014, marking three consecutive years of year-over-year price increases, according to data released Tuesday by CoreLogic in Irvine. In the Inland Empire, prices were up 5.1 percent in February counting …
Read More »Logistics project planned
A Dallas-based investment firm will develop a speculative logistics project in Redlands that will cover nearly one million square feet. Crow Holdings Capital-Real Estate has bought nearly 43 acres of open space at Alabama Street and Almond Avenue and will build two industrial buildings there, according to a statement by …
Read More »Major Inland office complex sells
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 …
Read More »National home prices climb
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 …
Read More »Industrial leased announced
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 …
Read More »Industrial project to create jobs
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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