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Tag Archives: Real Estate

Housing market continues to sputter

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Southern California’s housing market slipped in October, with sales dropping 4.4 percent year-to-year. A total of 20,150 new and resale houses and condominiums were sold last month in Southern California, according to DataQuick in San Diego, which released its monthly housing report yesterday. That was a 5.4 percent increase compared with …

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Inland industrial market stays strong

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Demand for industrial space in the Inland Empire soared during the third quarter, as that sector continues to shine during an otherwise slow recovery. An estimated 90 industrial leases and 40 industrial sales were completed in Riverside and San Bernardino counties during that quarter, according to Colliers International’s third quarter …

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Walls go up at major “spec” industrial project

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Workers have begun tilting up concrete walls at Empire Gateway in Chino, a project being billed as the largest speculative industrial project under construction in the western United States. The four-building development, which will cover 2.2 million square feet, is being built in one phase and is expected to be …

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Business complex sells

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A business park on the west end of the Inland Empire has been sold. Montclair Business Center, a seven-building complex of light industrial and office buildings, sold for $8 million, according to Avison Young, the commercial real estate brokerage. Holualoa Montclair Business Center LLC sold the property to MNW Essex …

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Commercial land sale completed

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WD Land in Irvine has arranged the sale of 34 acres of commercial space in San Jacinto. Stone River Capital LLC bought Gateway Marketplace from Stone River Capital LLC for an undisclosed sum, according to a WD Land statement. The land is at the southwest corner of Ramona Expressway and …

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Major distribution center planned for Rialto

Inland Empire Business News for November.002

A Newport Beach real estate company will develop a major warehouse-distribution facility in Fontana on property where an egg ranch is located. DCT Industrial Trust Inc., which develops and manages big-box logistics projects in the United States and Mexico, has bought the property at 15750 Jurupa Ave., a site occupied …

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