The Inland Empire retail market got off to a somewhat slow start in 2025, posting a 6.8 percent availability rate for the first quarter, up from 6.5 percent one year earlier. Net absorption also moved in the wrong direction during the first three months of the year: minus-361,000 square feet, down …
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Nothing significant changed regarding the cost of buying a home in California between 2023 and 2024, unless you consider a one percent change in the number of people who can afford a home signifiant. For a little than more than four-fifths of the state’s population, buying a home remains an …
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The Inland Empire office market is off to a good start in 2025. The region’s vacancy rate was 7.7 percent, down 0.2 percent from the last three months of 2024 according to CBRE. That’s a modest number but still noteworthy. because it marked the seventh consecutive quarter of positive net …
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An unidentified tenant has leased 809,000 square feet of space in an industrial building in Perris. The structure at 450 E. Rider St. is part of the Rider Logistics Center, east of Interstate 215 and south of the Ramona Expressway, according to a statement. Terms of the agreement were not …
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Only 18 percent of Californians could afford the state’s median price of a detached single-family home in 2024, down from 19 percent the year before, according to the California Association of Realtors. Assuming a 20 percent down payment, the median price – $865,440 – a minimum annual income of $221,200 …
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A property in Hemet occupied by Harbor Freight Tools has been sold for $2.2 million. The 20,500-square-foot store at 1735 W. Florida Ave. sits on a 1.1-acre site and was renovated two years ago, according to Avison Young, a commercial real estate firm based in Toronto. The company’s Los Angeles …
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IE Business Daily Business news for the Inland Empire.
