Real Estate

A pet food company has signed a 15-year lease on an industrial building near Ontario International Airport. The company, whose name was not released, will occupy a 108,700-square-foot building on five acres at 2400 E. Francis St., according to Colliers International. Value of the lease, which was announced Tuesday, is …

NAIOP Inland Empire has appointed its 2014 leadership board. The 43-member board, which was announced Monday, will spend this year carrying out the chapter’s mission of promoting commercial real estate in Riverside and San Bernardino counties, while looking to help improve the region’s quality of life, according to a statement. …

An Orange County homebuilder has bought 412 lots in the Inland Empire. TRI Pointe Homes in Irvine plans to build 262 detached homes and 162 town homes on those parcels, which are in Ontario, Riverside and the Corona area, according to a report originally published in The Press-Enterprise. The Ontario …

Home sales in California remained flat in January, as the market remained plagued by low inventory. Sales of single-family, detached homes in the state during the first month of the year totaled 363,640 units, the third consecutive month that sales failed to reach 400,000 units, according to the monthly housing …

Montclair Plaza has been sold to a Los Angeles investment firm. The regional shopping mall, which opened in 1968 and is one of the oldest shopping centers in greater Los Angeles, was sold to CIM Group, according to a statement posted on the company’s Web site. The seller was CWCapital …

The Southern California housing market had its weakest January in three years, as higher prices, a smaller inventory and stiff lending rules combined to drive down sales in the six-county region. Sales were down 9.9 percent from January 2013, the fourth consecutive month that single-family home sales in the region …