To no one’s surprise, the Inland Empire’s industrial market remained strong during the fourth quarter of last year. The region’s industrial sector recorded a 3.3 percent vacancy rate and absorbed more than 8.5 million square feet of space during that time, according to data released Monday by Lee & Associates …
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Cash sales of Inland Empire homes dropped slightly in November. Overall, 25.6 percent of all home sales in Riverside and San Bernardino counties during that month were cash transactions, a year-over-year decline of 1.4 percent, according to data released Friday by CoreLogic Irvine. That was well below the national rate …
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The Inland Empire recorded a foreclosure rate of 0.70 percent in December, down 0.18 percent year-over-year, according to data released Tuesday. Foreclosure activity in Riverside and San Bernardino counties during the last month of 2015 was lower than the national foreclosure rate, which was 1.20 percent, Irvine-baed CoreLogic reported in …
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A regional logistics center in San Bernardino has changed hands in a sale-and-leaseback transaction. The building, at 4472 Georgia Blvd., sold for $27.9 million, according to Colliers International, which helped negotiate the sale. Industrial Property Trust, a Denver-based company that owns and operates logistics operations throughout the United States, bought …
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The Inland Empire posted solid gains in single-family home sales and median prices during January, according to data released Tuesday. Year-over-year sales were up 7.8 percent in Riverside County and 3.7 percent in San Bernardino County, Irvine-based CoreLogic reported in its monthly analysis of the Southern California housing market. Prices …
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Cash sales of single-family homes in the Inland Empire were down slightly in October year-over-year, according to data released Friday. Overall, cash sales accounted for 24 percent of all sales in Riverside and San Bernardino counties during October, a 1.6 percent drop from October 2014, Irvine-based CoreLogic reported. Nationwide, cash …
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IE Business Daily Business news for the Inland Empire.
