Tag Archives: Real Estate

Pier 1 Imports’ warehouse-distribution Inland operation will get a major facelift. Irvine-based HFF has secured $54 million in refinancing for the facility at 3000 E. Philadelphia St. in Ontario, which is Pier 1’s West Coast distribution hub, the company announced in a statement Tuesday. The money, which was secured in …

Tight standards for mortgage lending are apparently holding back single-family home sales. Eighty three percent of homebuilders nationwide reported losing sales within the last six months because potential buyers couldn’t qualify for a housing loan, according to a recent study by the National Association of Homebuilders in Washington, D.C. The …

Southern California’s housing market remained a seller’s market in September. The median price of a single-family home last month was $413,000, the highest price for September in five years, according to CoreLogic DataQuick’s monthly report on the region’s housing industry. That price, an 8.1 percent year-over-year increase, was slightly below …

The Pechanga Band of Luiseno Mission Indians has purchased property across from its resort and casino in Temecula. Tribal officials paid an undisclosed sum for two side-by-side parcels at Pechanga Parkway and Wolf Valley Road, said David Harbour, senior land advisor with WD Land in Irvine. Combined, both properties cover …

Rents will continue to rise throughout Southern California during the next two years, as demand for space will outpace the construction of new units, according to a report released Thursday. Apartment vacancies fell in all four Southern California markets during the one-year period that ended June 30, including a 30 …

Home Depot has opened an 850,000-square-foot fulfillment center in Perris. The building, at 350 W. Markham St., will ship goods 24 hours a day, seven days a week up down the west coast, according to a report in The Press-Enterprise. Fulfillment centers are designed ship goods ordered online, usually to …