The Inland Empire office market is showing signs of a recovery. The vacancy rate for all office space in Riverside and San Bernardino counties during the third quarter of this year was 14.4 percent, down from 15.4 percent during the second quarter, according to a report originally published in The …
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A small shopping mall next to Victoria Gardens in Rancho Cucamonga has been sold. The Monet at Victoria Gardens Mall, a 31,407-square-foot retail center, sold for $13.2 million, according to a statement released by Faris Lee Investments. Fit Development LLC in Sacramento bought the property from Monet in Rancho Development …
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NAIOP, the commercial real estate trade association, is taking registrations for its annual bus tour of industrial properties in the Inland Empire. This year’s event is scheduled to be held Nov. 7, with more than 50 sites in Riverside and San Bernardino counties to be visited, said Robert Evans, executive director of …
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An Orange County land brokerage company has negotiated the sale of two parcels in the Inland Empire that will be developed into residential projects. FHII LLC, a private investment group, bought 35 residential lots from Encore Rialto Investments LLC for an undisclosed sum, said Tom Doyle, founding principal with WD …
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Single-family home sales took a dramatic year-to-year jump in the Inland Empire during September. Sales were up 7.6 percent in Riverside County and 15.4 percent last compared with September 2012, according to DataQuick, the San Diego company that tracks the Southern California real estate market. Prices were also strong in …
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In another sign that the state’s housing market is on the mend, sales of bank-owned homes now make up only five percent of the state’s total home sales. That’s quite a drop from nearly five years ago: at the start of 2009, repossessed homes accounted for nearly 60 percent of …
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IE Business Daily Business news for the Inland Empire.
