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Tag Archives: Real Estate

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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Jack in The Box, surrounding land sold

A Jack in the Box restaurant in Highland has been sold. Located at Base Line Street and Seine Avenue next to Interstate  210, the property sold for $2.7 million, CBRE announced Monday. The seller was Evergreen Devco, a Los Angeles real estate company represented by CBRE. The buyer, a private …

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Industrial building lands two tenants

Industrial Tenants Announced

Two Ohio-based manufacturers have agreed to occupy an industrial building near Ontario International Airport. Esperia Holdings LLC and Technical Consumer Products Inc. have leased the Airport Distribution Center at 5700 E. Airport Drive, according to a statement released by Newmark Knight Frank. The 250,248-square-foot building is the southwest corner of …

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