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Tag Archives: Real Estate

One more bad month for Southern California home sales

Home Sales Decline

The Southern California housing market suffered another rough month in June, according to data. Sales of new and existing houses and condominiums fell 8.8 percent year-over-year, from 22,804 in June 2018 to 20,790 last month, CoreLogic in Irvine reported. That was the lowest total sales for the month of June …

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Fitness center leases space in Ontario

A fitness center will occupy part of a former Kmart in Ontario. Planet Fitness has leased 24,345 square feet of the 100,000-square-foot structure at 1670 E. Fourth St., according to Progressive Real Estate Partners in Rancho Cucamonga. Terms of the lease were not disclosed. Progressive Real Estate negotiated the agreement …

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Riverside County property value increases

Local, National Home Prices Continue to Increase

Property value in Riverside County grew six percent during the 2018-2019 fiscal year, county officials announced. All sectors of the Riverside County real estate market grew during the fiscal year that ended June 30, leaving the taxable value of all property in the county at $302 billion, according to Assessor-County …

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Site of future industrial project sells

A 9.8-acre site in Perris that is the future home of an industrial building has been sold. The property at the southwest corner of Harley Knox Boulevard and Redlands Avenue next to to Interstate 215 sold for an undisclosed sum, according to Newmark Knight Frank and CBRE, both of whom …

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Industrial portfolio sells for $104 million

A four-property industrial portfolio on the west end of the Inland Empire has been sold. Three of the buildings  – at 11600 Millennium Court, 8250 Milliken Avenue, and 9160 Buffalo Avenue – are in Rancho Cucamonga, according to a statement released by CBRE. The fourth site, at 4850 E. Airport Drive, …

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Industrial market rolls along

Inland Empire Industrial Market

The Inland Empire industrial market remains in excellent shape as it heads into the second half of 2019. The vacancy rate was at 3.8 percent as the second quarter ended, the lowest ever recorded in the two-county region, according to Voit Real Estate Services’ second quarter report on the Inland …

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