Wednesday , April 24 2024
Breaking News

Real Estate

Inland industrial market well positioned for 2021

Industrial real estate market

The worst health crisis in anyone’s memory couldn’t slow things down, so there’s no reason to think the market won’t hold its own this year, and probably beyond that. It seems like nothing is able to slow the Inland Empire’s industrial market, not even the worst public health crisis in …

Read More »

Home prices keep rising, as supply remains an issue

Home prices nationwide increased 7.3 percent year-over-year in October, the fastest 12-month appreciation since April 2014, according to data released Tuesday. Month-over-month, that figure was 1.1 percent, Irvine-based CoreLogic reported in its monthly assessment of the U.S. housing market. Prices rose because of increased demand and not enough supply, and …

Read More »

Local real estate broker helps with out-of-state school sale

Sold Sign

Progressive Real Estate Partners in Rancho Cucamonga has helped broker the sale of a preschool in Glendale, Ariz. Sunrise Preschool sold for $2.5 million in an all-cash transaction, according to a statement posted on Progressive’s website. Progressive, along with S.J. Fowler Real Estate in Mesa, Ariz., represented the seller, an …

Read More »

Report: serious delinquencies hit six-year high

Inland manufacturing sector reaches growth milestone

An estimated 6.6 percent of all U.S mortgages were in some state of delinquency in August, according to a recent report.  That was nearly a three percent year-over-year increase in the number of residential units that were at least 30 days past due, Irvine-based CoreLogic reported in its monthly Loan …

Read More »

Site of Norco fast-food restaurant sold

building sold

The site of a fast-food restaurant in Norco has been sold $2.6 million. The Taco Bell restaurant, at 1460 Sixth St., opened recently after signing a 25-year ground lease, according to a statement released by SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS National represented the …

Read More »

CBRE secures four leases at Shea Center

Dermody signs Eastvale tenant

Four companies have leased a combined 731,712 square feet of industrial space in Corona. Columbia Aluminum Products, Tyger Auto, Mascot International Logistics and Web Deal Direct have agreed to occupy the space at Shea Center West, which was completed earlier this year, according to a statement released by CBRE. All …

Read More »