Real Estate

The Inland Empire had more large industrial projects in 2020 than any other major North American market, according to CBRE. Approximately 42.5 million square feet of warehouse-distribution projects at least 200,000 square feet were completed in Riverside and San Bernardino Counties last year, CBRE stated in a report declared today. …

Wingstop, the aviation-themed restaurant that specializes in classic and boneless wings, will set up shop in Moreno Valley. The Dallas-based chain has leased 1,400 square feet at the Towngate Promenade, 12620 Day St., and expects to open this summer, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented …

Capital Income Properties Group of Riverside has completed the sale of an out-of-state fast-food restaurant. The boutique commercial real estate firm represented the seller of a Taco Bell franchise building in Windsor, Colo., according to a statement. The closing price was $2 million. The transaction was completed last month. “Our …

A 66,000-square-foot commercial building at the Southern California Logistics Airport in Victorville has been sold. Exquadrum Inc., a defense contractor, bought the building for $4.3 million and will use it as its corporate headquarters, according to Stirling Capital Investments in Foothill Ranch, the airport’s master developer. The seller’s name was …

Five point eight percent of all U.S. mortgages were in some state of delinquency in December, a 2.1 percent year-over-year increase, according to data released last week. Early-stage delinquencies – 30 to 59 days past due – were at 1.4 percent, down from 1.8 percent in December 2019, while mortgages 60 …

Thanks to a public-private partnership, a rundown multifamily project has been restored and made livable. The Golden California Apartments could serve as a model for other residential restoration projects in the city, according to officials. On Thursday, members of the San Bernardino City Council are scheduled to gather at an …