Available retail space in the Inland Empire crept up to seven percent during the fourth quarter of 2025, a slight increase from the third quarter caused by new supply and a decline in leasing, according to CBRE. Net absorption fell to negative 11,000 square feet, from positive 138,000 square feet, …
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The Inland Empire multifamily market ended 2025 with 95.5 percent occupancy, a decline of 30 basis points from the previous quarter, according to CBRE. Net absorption was minus 229 units during the last three months of 2025, down from 741 units absorbed in the third quarter, CBRE reported. Such a …
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Progressive Real Estate Partners has negotiated the sale of a car wash in Los Angeles County. The Rancho Cucamonga brokerage represented the seller, an Orange County investor whose named was not released, in the $1.7 million transaction, according to an statement on Progressive’s website. The buyer was a Los Angeles …
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Medical office buildings in the Inland Empire enjoyed a solid fourth quarter last year. That niche continued to outperform the region’s overall office market, as its vacancy rate decreased, leases increased and investments in medical office properties surged, according to CBRE. Thirty-three hundred healthcare jobs were added in Riverside and …
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A McDonald’s drive-thru in Wildomar has been sold for $3.2 million. The property at 22193 Bundy Canyon Road was purchased in a ground-lease transaction by a private international investor whose name was not released, according to RealSource Group, a commercial real estate brokerage in Newport Beach. The seller, who was …
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The Inland Empire office market remained reasonably strong during the fourth quarter of last year, with stable vacancy and a small amount of absorbed space. The two-county region’s vacancy rate was 5.9 percent, unchanged from the previous quarter, while it added a modest 980 square feet, according to CBRE. Availability …
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IE Business Daily Business news for the Inland Empire.
