NAIOP Inland Empire has donated $5,000 to the Second Harvest Food Bank in Riverside. The donation, which was made last Thursday, will cover the cost of 40,000 meals, insuring that hundreds of Inland Empire families in need will have food for the holidays, according to a statement. More than 35 …
Read More »Nominations for NAIOP awards due
NAIOP Inland Empire is asking local real estate professionals to nominate their employers, co-workers and business partners for the chapter’s annual REXIE Awards. The third annual awards program, a benefit for the Boys & Girls Club of Fontana, is scheduled to be held Jan. 14 at the Hilton Ontario Airport, …
Read More »Retail property sells
A property in Riverside that is occupied by O’Reilly Auto Parts has sold. Riverosity LLC in Los Angeles bought the property at 1691 University Ave. from Ximeno Associates in Newport Beach for $3.2 million, according to a statement by Faris Lee Investments. The sale was announced Tuesday. O’Reilly Auto Parts …
Read More »Mo Valley means large industrial projects
Mo Valley means large industrial projects Moreno Valley has landed another major logistics operation. Deckers Outdoor Corp., which manufactures shoes and sandals for sports and recreational use, will lease 800,000 square feet of industrial space in the city, said John Terrell, Moreno Valley’s community and economic development director. That space …
Read More »Government shutdown hobbles home sales
The U.S. government shutdown appears to have taken a bite out of the California housing market. Sales of single-family homes dropped for the third consecutive month during October, the month of the 16-day shutdown, according to the California Association of Realtors. Sales were down 2.7 percent compared with September and …
Read More »Residential infill project planned
A Corona real estate developer will build a tract of single-family homes in Yucaipa. Griffin Residential LLC purchased 17 lots from a group of private investors, properties that are part of the Chapman Heights community, said Les Whittlesey, principal with WD Land in Irvine. The graded lots at Chapman Heights …
Read More »