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Tag Archives: Real Estate

Water district buys property

Inland Empire Business News 01-14-14.001

A local water district has officially taken control of land next to a lake in Southwest Riverside County. Rancho California Water District closed escrow Monday on nearly 8,000 acres that wraps around Vail Lake, a popular recreation site, according to a report in The Press-Enterprise. The water district, which provides …

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Pending home sales data not encouraging

Warehouse Deal Approved As Property Values Drop.001

Despite below-average interest rates, pending home sales in California dropped for the fourth consecutive month in July, a sign that the state housing market continues to underperform. The Pending Home Sale Index dropped 2.3 percent, from 107 in June to 104.5 last month, according to a report released Tuesday by …

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Retail sales don’t miss a beat

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National retail sales stayed strong last week, boosted in part by more back-to-school shopping. Sales were up 4.2 percent for the week that ended Saturday compared with the same week in 2013, according to The International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Retail activity …

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Developer will reduce size of logistics project

Inland Empire Business News for May 13th, 2014.001

Prologis, the company that develops and manages large logistics facilities, has offered to downsize a project it plans to build in Moreno Valley. Officials with the San Francisco company agreed to the reduction after residents complained to the city about the size and scope of the project, according to a …

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Residential investment buyers start looking for new markets

Inland Empire Business News August 23, 2014.003

The supply of affordable homes in more populated areas is getting smaller, so investors are starting to work the suburbs and other outlying markets. None of that means the practice is going away, however. Home flipping, the practice of buying a house to sell or rent it rather than live …

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Upland to get drive-thru

Inland Empire Business News August 23, 2014.001

A drive-thru restaurant is under construction in Upland. The project, at the northwest corner of Foothill Boulevard and Mountain Avenue, covers about 3,000 square feet and is in the main retail hub of the city, said Pablo Velasco, retail specialist with Progressive Real Estate Partners in Rancho Cucamonga. The property …

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