Tag Archives: Real Estate

Statewide sales of existing single-family homes totaled 268,180 in December, essentially unchanged from November and up 19.8 percent compared with December 2023, according data released Jan. 17. December’s statewide median home price was $861,020, up 1.0 percent from November and up 5.0 percent from December 2023, when the median price …

The Inland Empire industrial market was a story of east versus west during the fourth quarter of 2023. The west end – Ontario, Rancho Cucamonga, Fontana – continued to improve in the last three months of the year, positive net absorption, declining vacancy and only slight declines in lease rates, …

The Inland Empire office market finished 2024 on a relatively strong note, with stable vacancy, positive net absorption and a steady average lease rate. Vacancy in Riverside and San Bernardino counties during the last three months of 2024 was 7.9 percent, essentially unchanged from the third quarter, according to CBRE. …

The California Association of Realtors will contribute $600,000 to two charities it sponsors to help victims of the recent Southern California wildfires. The Los Angeles-based trade association will donate $300,000 to its Disaster Relief Fund and $300,0000 to the National Association of Realtors’ Relief Foundation, according to a statement on …

The Inland Empire industrial market sustained a 14 percent drop-in lease rates during the fourth quarter of 2024, one of five major industrial markets to experience a double-digit decrease during that time. The Empire region also recorded 46 million square feet of new leases during the last three months of …

A three-building industrial park in Jurupa Valley has been sold. Miramar Capital, a commercial real estate investment firm in Los Angeles, paid $86 million for the property at 4350, 4388 and 4420 Serrano Drive, according to CBRE. CBRE represented the seller, PreZero Recycling, in the transaction. “Serrano Industrial Park offers …