Tag Archives: Real Estate

Amazon is building a 4.1-million-square-foot warehouse distribution facility in Ontario. The five-story project will reportedly employ 1,500 people and be the online retail company’s largest logistics facility anywhere in the world, according to multiple reports. ProLogis Inc., a San Francisco-based real estate trust, is building the project in the southwest …

Large industrial projects are having to move away from urban areas The Inland Empire isn’t the only market that is running out of space large enough to accommodate mega warehouse-distribution centers. The trend, strongest in the Inland region, is happening in five of the United States’ industrial markets, according to a report …

A 120-acre parcel in Victorville meant for residential development is up for sale. Stoddard Creek has been approved for 319 single-family homes on lots of at least 5,000 square feet, according to WD Land in Irvine. “It’s a good sized property for the area,” said Curt Crandall, partner with WD …

Sales of existing single-family homes in California reached 419,040 in April, down nearly two percent from March and an 8.5 percent drop year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home last month was $884,890, up 4.2 percent from March and 8.7 percent higher than …

Progressive Real Estate Partners in Rancho Cucamonga is marketing three non-operating car washes in the Inland Empire, including two in the High Desert. The owner, whose name was not released, is an investor who leased the properties to a private party, according to a statement posted today on Progressive’s website. …

Three point two percent of all U.S. mortgages were delinquent in February, the 11th consecutive month of declines in that category, according to data released today. That was also a 2.5 percent drop from February 2021, when 5.7  percent of the country’s mortgages were in some state of delinquency, Irvine-based …