The Inland Empire office market slowed during the third quarter, as premium space became limited and some tenants held out for more favorable deals. Nearly 45,000 square feet of office space was absorbed in Riverside and San Bernardino counties during the quarter that ended Sept. 30, a decent number but …
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The former site of a manufacturing plant in Pomona be home to a 143-unit condominium project. The city’s planning commission has granted a conditional use permit to the development, which will be built on seven acres in the 800 block of Bonita Avenue, according to a report in the Inland …
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CBRE Group Inc. Ontario has a new retail team. Recently hired Ryan Gast, an associate, will join Senior Vice President Dan Samulski in brokering real estate deals in the Inland Empire, according to a statement. “Ryan is a strategic hire for our office,” said Joe Cesta, CBRE’s managing director in …
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A Class-A office building in downtown Riverside has been sold. The building, at 11801 Pierce Road in the Riverwalk project, sold for $7.1 million, according to CBRE Group Inc. The transaction was announced Wednesday. CBRE and Lee & Associates represented the seller, Turner Real Estate Investments in Newport Beach, Continental …
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A San Diego real estate and investment firm will develop multi-family housing on 25-acres in Murrieta. Zephyr Properties recently closed escrow in the property near Murrieta Mesa High School, according to multiple reports. The property was originally listed at $4.9 million, but multiple offers drove the price up to close …
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Pending home sales in California dropped in August, the fifth consecutive month that the market indicator declined. The state’s Pending Homes Sales Index dropped 4.5 percent, from 104.5 in July to 99.8 last month based on signed contracts, according to a report released Tuesday by the California Association of Realtors. …
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IE Business Daily Business news for the Inland Empire.
