Real Estate

The Inland Empire retail market recorded 6.8 percent space availability during the second quarter, unchanged from the first quarter and a sign the marketing is stabilizing after a period of volatility. Net absorption was 31,000 square feet, not a large number but a strong reversal compared with the revised 483,000 …

A third-party logistics company has renewed its lease on a building in Perris. GPS Logistics & Warehouse will remain in the 205,589-square-foot building at 100 Walnut Ave. for 65 months, according to Avison Young’s Inland Empire office. Financial terms of the agreement were not disclosed. Avison Young represented the landlord, …

A retail property in Montclair occupied by a Panera Bread restaurant has been sold for $5.7 million. The 3,950-square-foot parcel at 5212 Moreno St. sold for $1,451 per square foot, reportedly the most paid per square foot for a Panera-occupied site this year, according to a statement released by SRS Real …

Office vacancy in the Inland Empire was essentially unchanged during the second quarter, according to a report. Empty space in Riverside and San Bernardino counties accounted for 7.5 percent of the region’s office market in the second quarter, down from 7.7 percent in the first quarter, according to CBRE. Office …

Three Class-A industrial buildings in Fontana have been sold for $83.5 million. Bridge Logistics Properties, a specialist in logistics management and investments, bought the properties from a seller whose name was not released, according to a statement. The recently constructed buildings are at 14074 Rancho Court (100,039 sf), 14019 Rose Ave. …

Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a Fresno shopping center. A Los Angeles investor whose name was not released bought Peppertree Plaza for $6.6 million, according to a statement on Progressive’s website. Progressive represented the seller, a Bay Area investor who also wished to …