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 …
Read More »Residential parcels sold
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 …
Read More »Housing market posts solid numbers
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 …
Read More »Good news: bank-owned home sales are on the decline
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 …
Read More »Inland furniture company moves to trade zone
A company that manufactures and distributes outdoor furniture is moving within the Inland Empire. Summerville Furnishings Inc. will lease a 56,585-square-foot building at 1800 Turner Drive in Ontario, said Stefan Pastor, an associate with Colliers International. The company is leaving an 80,000-square-foot building in Fontana that has served as its primary …
Read More »Dispute stalls commercial project
The Murrieta City Council has delayed consideration of a proposed mixed-use development because of a disagreement between the city and landowners. The council voted unanimously Tuesday to delay its vote on The Triangle, an office, hotel and retail project that would be built on 64 acres at Interstates 15 and …
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