Real Estate

The second phase of a 72-acre business park will be occupied by a single tenant. Logistics Plus Warehousing & Fulfillment, Inc., a third-party logistics company based in Erie, Pennsylvania, has signed a five-year lease to occupy Columbia Business Park II, according to a statement released Monday by Trammell Crow Co. …

Statewide sales of single-family homes totaled 284,010 in February, up 17.6 percent from January but down 33.2 percent year-over-year, according to a recent study. The median price home price in California during the second month of this year was $735,480, down 2.1 percent from January and down 4.8 percent from …

A community shopping center in Ontario has been sold for $54.3 million. New Haven Marketplace was purchased by Sakioka Farms, a Costa Mesa-based real estate company, according to a statement released Monday by Newmark Group Inc. Newmark represented the buyer,  Frontier Real Estate Investments in Newport Beach. Anchored by a …

A 20,000-square-foot retail structure in San Bernardino occupied by Office Depot has been sold for nearly $4.9 million. The building, at 675 E. Hospitality Lane, is part of the Tri-City Commons/Hospitality Lane District, one of the Inland Empire’s better-known retail, dining, office and hospitality destinations, according to Progressive Real Estate …

Median rent in the United States rose 1.7 percent in February, to $1,937, according to data released recently. That was the smallest year-over-year increase in asking rental rates in nearly two years, and the lowest median rent nationwide in 12 months, Seattle-based Redfin reported. February was the ninth consecutive month …

More than 40 percent of Inland Empire households spend at least one-third of their income on housing, a UC Riverside report has found. The study – “Housing and Sustainability in the Inland Region: Affordability, Equity, and Changing Demographics – also found that housing construction in Riverside and San Bernardino is …