Tag Archives: Real Estate

A Los Angeles company has bought a two-building industrial property in Ontario. Rexfield Industrial Realty Inc., a real estate investment trust that owns and operates infill properties, purchased the Dupont Business Center for $10.2 million, according to a statement. The project, which was built in 2001, is on 5.7 acres …

The industrial market on the west end of the Inland Empire is red hot, at least on the price side of the ledger. Colliers International has negotiated the sale of a 161,555-square-foot warehouse-distribution center in Rancho Cucamonga, according to a statement. The property, at 9449 Eighth St., sold for $14.7 …

Single-family home sales in California dipped slightly in May, mostly because of high prices and a shortage of available homes. Sales dropped 0.6 percent compared with April and were down 9.5 year-over-year, according to data released by the California Association of Realtors. Statewide, 391,030 housing units were sold last month, …

Redlands has approved another Starbucks. The planning commission has approved an 1,800-square-foot Starbucks at 625 Redlands Blvd., the sixth in the city, said Carl Baker, spokesman for the city. A 1,300-square-foot drive-thru restaurant will have to be demolished before construction can begin. A timeline for the project, which does not …

Rancho Temecula Town Center has been sold. The 165,486-square-foot shopping center at Winchester and Nicolas roads sold for $60 million, according to a statement released Tuesday by CBRE Group Inc. The facility, which was opened in 2007, includes Starbucks, Navy Federal Credit Union, Juice It Up, Bev Mo, and Wings-N-Things. …

NAIOP Inland Empire will hold its annual Mid-Year Market Review June 19 at the Ontario Convention Center. Chris Thornberg, economist and founding partner with Beacon Economics LLC in Los Angeles, will lead a discussion on the state of the Inland Empire economy and how it’s influencing commercial real estate. Thornberg …