An industrial building that was recently constructed on the Inland Empire’s west side has been sold. Montclair Logistics Center, a single-tenant structure that covers nearly 130,000 square feet, sold for $14.3 million, according to the Ontario office of Newmark Grubb Knight Frank. The transaction was announced Thursday. The building, which …
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Despite rising prices and concern about the economy slowing, Southern California home sales rose substantially in August, according to data released Monday. Total sales of new and resales houses and condominiums totaled 23,278 last month, up 9.5 percent year-over-year, Irvine-based CoreLogic reported in its monthly assessment of the six-county housing …
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Nine percent of all Inland Empire residential properties with a mortgage were in negative equity during the second quarter, a year-over-year drop of 3.2 percent, according to data released Thursday. Nationwide, the number of mortgaged residential properties with negative equity – meaning more is owed on the property than the …
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Inland Empire home prices, including distressed sales, increased 6.3 percent in July year-over-year, according to data released this week. Compared with June, home prices in Riverside and San Bernardino counties increased 0.8 percent, Irvine-based CoreLogic reported in its monthly report on U.S. home prices. Nationwide, home prices increased six percent …
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A multi-tenant retail building in Ontario that is part of a retail project anchored by a Walmart Supercenter has been sold. The property, which covers 6,786 square feet, sold for $5.9 million to a private investor in Irvine whose name was not disclosed, according to a statement released today by Hanley Investment …
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QVC, the international video and e-commerce retailer, on Monday opened its Ontario distribution center with a ribbon-cutting and grand opening ceremony. The one-million-square-foot facility, QVC’s first distribution operation on the west coast, is expected to create 1,000 jobs by 2020, according to a company statement. The distribution center, which was …
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IE Business Daily Business news for the Inland Empire.
