Tag Archives: Real Estate

Voit has released its first quarter numbers for the Inland Empire’s industrial sector. It could be the last good report on the local industrial market for awhile. The average lease rate of 72 cents per square foot was essentially unchanged from exactly one year earlier, and the vacancy rate – …

A company that distributes shipping, industrial and packaging materials throughout North America will locate at the Ontario Rancho Logistics Center. Uline, a privately owned business based in Wisconsin, has leased a 1.2-million-square-foot warehouse-distribution building that is under construction at 4815 S. Hellman Ave., according to a statement released Monday. The …

Home prices nationwide rose 4.1 percent year-over-year in February, reaching their highest level in more than one year, according to data released this week. U.S. home prices rose a mere 0.6 percent between January and February, CoreLogic in Irvine reported. Those numbers were recorded before the Coronavirus pandemic began laying …

A parcel in Twentynine Palms occupied by a Starbucks drive-thru has been sold for $3.1 million. The property, at 73690 Twentynine Palms Highway, was sold by Fountainhead Development in Newport Beach to a Los Angeles-based investor, according to a statement. Hanley Investment Group represented Fountainhead Development. RE/MAX Commercial represented the …

A 182-unit apartment complex in Rancho Cucamonga has been sold. Arte, at 10130 Foothill Blvd., changed hands for $68 million in an off-market transaction, according to a statement released by Avison Young. The seller was Fore Property in Santa Barbara, the buyer was Providence Capital Group Inc. in Encinitas. Avison …

Members of the California Association of Realtors say the Coronavirus will inflict major damage on the state’s housing market. Unfortunately, says one economist and a veteran homebuilder, they’re almost certainly right. If a sampling of California realtors is accurate, the Coronavirus pandemic is going to wreak serious havoc on the …