Commercial Real Estate news from the Business Press. The Business Press is your trusted source for Southern California County and Inland Southern California business news. The Business Press chronicles new business developments, profiles newsmakers and keeps tabs on the booming Inland Southern California economy. Read this News Section...
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In the same week when state officials revealed the unemployment rate in Riverside and San Bernardino counties reached a record 15 percent, Gov. Read Full Artice...
Colton's Hodgdon Group Realty Inc. recently represented Ashley Furniture Industries, Inc. in the acquisition of a former Circuit City building in Hawthorne. Read Full Artice...
Kohl's has purchased a vacant distribution center in San Bernardino and will use it to supply its online sales operations for the Western states, the retailer announced Thursday. Read Full Artice...
In recent years, Kohl's Corp. has found success in California by aggressively pursuing former Mervyns customers and taking over several of their shuttered outlets, while expanding its presence throughout the state by opening new stores. Read Full Artice...
A national commercial real estate crisis is on the horizon, according to a government committee which predicts about $1.4 trillion in commercial real estate loans will reset in the next five years, and half of those loans will be upside down. Read Full Artice...
San Bernardino airport officials have slashed leasing rates by more than 30 percent at one of the facility's service hangars, in a bid to keep and lure tenants amid a poor climate for the airline industry. Read Full Artice...
Vacuum cleaner maker Royal Appliance Manufacturing is relocating its Ontario distribution operations to a larger facility in San Bernardino. Read Full Artice...
Clothing retailer Anchor Blue has relocated its corporate headquarters to Corona, joining a list of locally based, nationally prominent firms that already includes Watson Pharmaceuticals and Monster energy drink maker Hansen Natural. Read Full Artice...
Youth clothing retailer Zumiez plans to relocate a Washington distribution center to Corona, creating 180 to 200 jobs in Southern California. Read Full Artice...
LA Fitness in Highland sells for $9 million
A 45,000-square foot LA Fitness in Highland has sold for $9.215 million, according to a news release from Marcus and Millichap Real Estate Investment Services. Read Full Artice...
Professional Hospital Supply has quietly settled into its new 615,000-square-foot office and distribution center in Temecula that's twice the size of its former space in the city. Read Full Artice...
San Bernardino County plans to appeal a $5 million judgment awarded to a group of Colton property owners who sued the county over a delayed road project. Read Full Artice...
Investors with deep pockets appear to be renewing their interest in Inland Southern California's best distribution sites, several people that follow the area's real estate said.
KTR Capital Partners LLC recently announced it had purchased 1. Read Full Artice...
There were far fewer hotels sold in California last year for much lower prices, according to the latest annual report from hotel brokerage firm Atlas Hospitality Group.
Hotel shoppers spent just $524. Read Full Artice...
After sitting vacant for more than a year, a boarded-up former Target store in Menifee, was bought last week by furniture company Living Spaces. Read Full Artice...
Faris Lee Investments recently completed the $2.6 million sale of a Wells Fargo Bank building at The Shops at Sycamore Creek in Corona.
The building, 11764 De Palma Road, totals 5,000 square feet on .75 acres. Read Full Artice...
The local residential real estate market is skirting around the bottom of its fall from record highs, and the industry still has a few more hurdles to jump before it can stand on a solid foundation again. Read Full Artice...
Duralum Products Inc., a family-owned maker of aluminum patio covers and enclosures, has acquired an 82,379-square-foot industrial building from Master Development Corp. in the second major transaction in Corona in the past month. Read Full Artice...
The San Bernardino Valley Enterprise Zone, which was formed in 2006 to attract businesses to economically distressed areas within the county, could be expanded by several hundred acres if Redlands redevelopment officials receive can reach an agreement. Read Full Artice...
