A property in Hemet occupied by Harbor Freight Tools has been sold for $2.2 million. The 20,500-square-foot store at 1735 W. Florida Ave. sits on a 1.1-acre site and was renovated two years ago, according to Avison Young, a commercial real estate firm based in Toronto. The company’s Los Angeles …
Read More »Residential community planned for Ontario
A Dallas-based homebuilder will develop a 70-unit community in Ontario. Landsea Homes recently closed escrow on the lots that will make up The Canopy at 1355 W. 5th St., according to a statement. The community will be made up of three-story homes, with floor plans ranging from 1,532 to 1,739 square …
Read More »Chino industrial building changes hands
An industrial building in Chino has been sold for $10.5 million. The 32,800-square-foot standalone structure at 13595 12th St. is near the 60 an 71 freeways, according to a statement. Names of the buyer and seller were not released. Lee & Associates represented both parties in the transaction. The sale …
Read More »State housing market dips slightly
California’s housing market slipped slightly in March compared with the previous month, perhaps a sign of potential buyers holding back because of concerns about the economy’s immediate future. Statewide sales of existing single-family homes last month totaled 277,030, down 2.3 percent in February but up 4.9 percent year-over-year, according to …
Read More »Inland industrial vacancy declines
The Inland Empire industrial market had a solid first quarter this year, posting positive net absorption and decreasing vacancy for the first time since the third quarter of 2022, according to a report. While the market showed signs of a recovery during the first three months of 2025, “declining lease …
Read More »Office building fetches $6.2 million
A two-story office building in Rancho Cucamonga has been sold for $6.2 million. The structure at 9421 Haven Ave. was sold to a local buyer, according to CBRE, which helped negotiate the sale. Names of the buyer and seller weren’t released. “We are thrilled to have facilitated the sale of …
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IE Business Daily Business news for the Inland Empire.