Tuesday , May 12 2026

Tag Archives: Real Estate

IE medical office sector posts solid first quarter

Medical Doctor Stethoscope

The Inland Empire’s medical office sector recorded a strong first quarter, adding leased space and investments during that time, according to a report. Leasing rose nearly 10 percent during the quarter, in part because of  a 5,000-square- foot transaction in Riverside, according to CBRE. However, net absorption went from positive …

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Retail center slated for Redlands

Record sales for holiday retail

A neighborhood retail center that will be anchored by a Whole Foods Market will be developed in Redlands. The Marketplace will be built on eight acres at the northeast corner of Lugonia Avenue and Tennessee Street, according to KTGY, the national architectural firm that is designing the project. Regency Centers …

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PREP scores again in Pomona

PREP looks to sell former bowling alley

For the second time in a week, Progressive Real Estate Partners has helped complete a transaction in Pomona. The Rancho Cucamonga retail broker represented the seller in the sale of Valley Plaza, a 11,720-square-foot retail center at 2407 Valley Blvd., according to a statement on Progressive’s website. The property sold …

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Pending home sales increase

Pending home sales rose 2.7 percent year-over-year during the four weeks that ended April 26, according to a report. That nationwide increase was the largest in six weeks, and came at a time when mortgage-purchase applications rose to their highest level in three months, Seattle-based Redfin reported. The average mortgage …

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IE’s available retail space drops, but absorption is strong

Record sales for holiday retail

Available retail space in the Inland Empire fell 10 basis points to 6.9 percent during the first quarter of this year, according to a recent report. That quarter-over-quarter decline can be attributed to leasing outperforming the large-format space that came online, as well as a tightening of overall market conditions, CBRE …

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PREP helps sell Pomona building

PREP looks to sell former bowling alley

Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate the sale of a historic building in downtown Pomona. The Armstong Building at 150-196 E. Third St, and 345 S. Locust St. was purchased recently by the Western University of Health Sciences for $2.9 million, according to a statement on …

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