Inland Empire

The continued expansion of e-commerce has prompted unprecedented demand for US logistics space but also for investors looking to place capital, Transwestern says in this <b>EXCLUSIVE</b>.

GlobeSt.com <b>EXCLUSIVELY</b> learns that Ferguson Enterprises purchased a 1.04-million-square-foot building at Optimus Logistics Center and 4F Capital purchased an 81,286-square-foot building at Tri-City Industrial Complex.

The property was part of a multi-property acquisition strategy, across multiple states, to fulfill the buyer's 1031 exchange requirement, Hanley Investment Group Real Estate Advisors states.

The asset sold for $272,569 per unit.

The 16 industrial and warehouse properties that comprise the industrial portfolio collectively total nearly 3 million square feet across Washington, Nevada, California and Arizona in seven markets.

Retail continues to surge in San Bernardino County fueled by growing interest from new retailers and millennials moving in to shop those stores, says Soua Vang with the County of San Bernardino's economic development agency.

VICTORVILLE, CA—Believe it or not, until February California did not have its own Cracker Barrel Old Country Store. That changed when the national…

SAN BERNARDINO, CA—Growth has been the underlying theme in the County of San Bernardino in recent years, and it's having success, as the county recently…