Inland Empire

1337 Articles

DO Capital Group Lands $50MM BHI Loan to Break Ground on 1,200-Unit District at Jurupa Valley

DO Capital Group has secured a $50 million construction loan from BHI to launch the first phase of The District at Jurupa Valley,...

California Jobs First Steers $48.5MM to Aerospace, Defense and Quantum Across Southern California

Governor Gavin Newsom and the California Jobs First Council awarded $48.5 million to 18 projects statewide, with Southern California's aerospace, defense, quantum and...

Ontario International Airport Lands $4.1MM FAA Grant, Lifting Electric Ground Fleet Spend to $5.5MM

The Ontario International Airport Authority secured its largest-ever Voluntary Airport Low Emissions grant from the Federal Aviation Administration, a $4.1 million award that...

Wood Investments Opens 150,000 SQFT Target at Plaza de Perris in Perris

Wood Investments Companies has re-anchored its Plaza de Perris center in Riverside County by demolishing a closed movie theater and replacing it with...

Los Angeles Investor Acquires Fully Leased 9,000 SQFT Retail Building for $6.56MM in Temecula

A private Los Angeles investor has completed a $6.56 million 1031 exchange into a fully leased, drive-thru-anchored retail building along one of Temecula's...

88-Unit University Gardens Apartments Trades for $16.375MM Near UC Riverside

Kidder Mathews closed the $16.375 million sale of the 88-unit, 1964-built property at a 6.38 percent cap rate, betting that its recently completed...

LA and San Diego Anchor Southern California Tech Talent as AI Realignment Sorts the Region

Southern California's tech talent markets diverged sharply in CBRE's latest rankings, with Los Angeles-Orange County and San Diego holding places in the upper...

Turtle Creek Apartments Trades for $34.5MM in Riverside at 4.33% Cap Rate

CBRE brokers the $34.5MM sale of the 98-unit Turtle Creek Apartments in Riverside, including a rare HUD loan assumption at a 4.33% cap...

Southern California Jobless Rates Split as Inland Empire Tops 5.5% and Statewide Rate Falls to 5.1% in July

Coastal Southern California counties held firm near or below the state average in July while the Inland Empire's logistics-heavy labor market ran hotter,...

Port of LA Nears 1 Million TEUs in Second-Busiest July as Importers Race Tariff Deadlines

The nation's busiest container gateway moved 960,464 twenty-foot equivalent units in July, just shy of a second consecutive million-container month, even as loaded...

Southern California Trails Data Center Boom as Capacity Flows to Arizona and Texas

Southern California ranks among the smallest data center markets in the western United States at roughly 355 megawatts, trailing neighboring Phoenix and Las...

California’s Rental Housing Bills Reach the Home Stretch, Testing Southern California’s Multifamily Market

A batch of California rental housing bills cleared the Legislature’s August 13 suspense hearings and now advances toward final floor votes, leaving Southern...