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Tag Archives: Real Estate

Local NAIOP chapter names board members

Inland Empire Jobless Rate Drops.001

NAIOP Inland Empire has named its leadership board for the upcoming year. The 41-member board, which was announced earlier this month, will spend the next 12 months carrying out the board’s mission: to advance real estate and economic development in Riverside and San Bernardino counties, according to a statement. Specifically, …

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Industrial market to continue its surge

Inland Empire Business News January, 2015.007

The U.S. industrial market is expected to continue its strong resurgence in 2015. Demand is again expected to outpace supply, while available space will decline and rents are predicted to rise, according to CBRE Group Inc.’s 2015 U.S. Industrial Outlook. In other words, the industrial market’s four-year surge is expected …

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Home foreclosures drop

Inland Empire News for April 13th.002

Nationwide foreclosures of single-family homes are down, another sign of the housing market continuing its slow recovery. There were 41,000 completed foreclosures in November, a 9.6 percent decline compared with November 2013, according to CoreLogic’s monthly report on the U.S. foreclosure market, which was released last week. Compared with last …

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Apartment complex sold

Inland Empire Business News August 13, 2014.001

A San Diego company that buys and restores apartment complexes has purchased a high-end property in Temecula. MG Properties bought Tuscany Ridge Apartments for $39 million, announced this but in fact the company’s fifth acquisition of 2014, according to globest.com. The seller was an investor whose name was not disclosed. …

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State housing market a mixed bag

Inland Empire Business News August 13, 2014.002

California’s housing market ended 2014 on a whimper, not a bang. Sales were up 0.6 percent in December compared with exactly one year before, a “negligible’ increase but the first time since July 2013 that statewide home sales were up year over year, according to the California Association of Realtors. …

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Inland industrial market is better than solid

Inland Empire Business News June 4th, 2014.002

The Inland Empire’s industrial sector posted spectacular numbers during 2014. More than 16.7 million square feet of industrial space was added in Riverside and San Bernardino counties last year, and nearly 14 million square feet of industrial space was under construction as the year came to a close, according to …

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