Real Estate

The industrial market on the west end of the Inland Empire is red hot, at least on the price side of the ledger. Colliers International has negotiated the sale of a 161,555-square-foot warehouse-distribution center in Rancho Cucamonga, according to a statement. The property, at 9449 Eighth St., sold for $14.7 …

Single-family home sales in California dipped slightly in May, mostly because of high prices and a shortage of available homes. Sales dropped 0.6 percent compared with April and were down 9.5 year-over-year, according to data released by the California Association of Realtors. Statewide, 391,030 housing units were sold last month, …

Redlands has approved another Starbucks. The planning commission has approved an 1,800-square-foot Starbucks at 625 Redlands Blvd., the sixth in the city, said Carl Baker, spokesman for the city. A 1,300-square-foot drive-thru restaurant will have to be demolished before construction can begin. A timeline for the project, which does not …

Rancho Temecula Town Center has been sold. The 165,486-square-foot shopping center at Winchester and Nicolas roads sold for $60 million, according to a statement released Tuesday by CBRE Group Inc. The facility, which was opened in 2007, includes Starbucks, Navy Federal Credit Union, Juice It Up, Bev Mo, and Wings-N-Things. …

NAIOP Inland Empire will hold its annual Mid-Year Market Review June 19 at the Ontario Convention Center. Chris Thornberg, economist and founding partner with Beacon Economics LLC in Los Angeles, will lead a discussion on the state of the Inland Empire economy and how it’s influencing commercial real estate. Thornberg …

The Inland Empire is once again among the national leaders in housing flips. Irvine-based RealtyTrac has listed the two-county region among the top 10 counties in the United States during the past year, according to a report in The Press-Enterprise. All of the counties had at least 1,000 flips during …