A 33,350-square-foot retail building in Upland has been sold. The freestanding building at 685 W. Foothill Blvd., which is fully occupied by a 24 Hour Fitness, sold for $6 million, according to Irvine-based Faris Lee Investments. That price works out to $180 per square foot, said Jeff Conover, senior managing …
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More good news for the Inland Empire housing market: foreclosures among outstanding mortgage loans in the two-county region was 0.60 percent in May, a year-over-year drop of 0.16 percent, according to data released Thursday. Foreclosures in the Riverside-Ontario-San Bernardino market during May were below the one percent national rate, Irvine-based …
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The Inland Empire’s industrial market ended the second quarter with a vacancy rate of 3.1 percent, having absorbed 4.6 million square feet of space during that three-month period, according to data released Wednesday. In all, 13 million square feet of new industrial product was delivered in Riverside and San Bernardino …
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Cash transactions accounted for 25.1 percent of all home sales in the Inland Empire during November, according to data released Wednesday. That was virtually unchanged from April 2015 – a drop of 0.4 percent – but it was below the national rate of 31.6 percent, Irvine-based CoreLogic reported. During the …
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The Inland Empire’s retail market continued to improve during the second quarter of 2016, with vacancy down and net absorption up during that three-month period. Vacancy in the two-county region was 9.6 percent, among the lowest rate recorded since the start of the recession in 2008, according to CBRE’s Inland …
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Single-family home sales in Southern California were flat last month compared with one year earlier, according to data released Tuesday. A total of 24,326 new and used home were sold in the six-county market in June, a drop of -0.2 percent compared with June 2015, Irvine-based CoreLogic reported in its …
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IE Business Daily Business news for the Inland Empire.
