Starting in 2020, all houses built in California must have solar panels. That will add to the cost of houses, but trade group officials say the move was inevitable. You’ll never guess which agency is supporting the state’s plan to require solar panels on virtually all new houses. The Building …
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Higher wages and lower prices combined to make houses in California more affordable during the first quarter of this year, according to a report released Tuesday. Thirty one percent of the state’s potential homebuyers could afford the median-priced home of $538,640 during the first three months of 2018, up from …
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A fully leased industrial building in Riverside has been sold. The structure, at 1100 E. Citrus St., sold for $20.2 million to LBA Realty Inc., a full-service investment firm based in Irvine, according to a statement released by Cushman & Wakefield. The seller was AMA Plastics Inc./Westfall Technik Inc., the …
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Ground has been broken on a planned shopping center in Jurupa Valley. Shops at Bellegrave is being developed at Etiwanda and Bellegrave avenues and is expected to open during the fourth quarter of this year, according to a statement. The two-building project, which will replace a drive-thru restaurant, is being …
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Multifamily rents continued to grow in April, rising to an average of $1,377 per month nationwide, according to data released this week. That was an increase of $4, enough to boost rent growth nationwide by $10 during the last two months, commercial real estate data and research firm Yardi Matrix …
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An ice manufacturer and distributor will occupy an industrial building in Lake Elsinore that was completed earlier this year. An entity of San Diego Ice Co. paid $3.4 million for the 24,000-square-foot building in Fairway Business Park, according to Avison Young, the commercial real estate firm that helped negotiate the …
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IE Business Daily Business news for the Inland Empire.
