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Real Estate

Maker of auto suspension products expands to Perris

IE manufacturing

A Lake Elsinore company that makes automotive suspension products has purchased an industrial building in Perris. Carli Suspension plans to use the building at 3468 Webster Ave. for manufacturing, according to Avison Young Ontario, which represented the company in the sale negotiation. The seller, KSN Holdings, Inc., was represented by …

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Riverside food processing company changes hands

Sold Sign

Westcore, a San Diego company that buys and manages industrial and office real estate, has purchased a manufacturing facility in Riverside. The building, which covers 133,825 square feet, sold for $15.4 million, according to a statement released by Westcore. Triple H Properties sold the building for $15.4 million. Triple H …

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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 …

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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 …

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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 …

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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 …

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