News
Assembly Bill No 1888
A new state law passed that requires transfer tax information be disclosed on every real property sale. This will provide more transparency on sale prices in real estate transactions. Documentary Transfer Tax Assembly Bill No. 1888 What is the Documentary Transfer Tax...
Building Owners Brace for Tall Order – Wall Street Journal Article
One Way to Measure Space Coalition Plans to Announce Measurement System in June By ILONA BILLINGTON May 27, 2014 7:04 p.m. ET The MetLife building used to be listed at 2.4 million square feet. Now it is listed at 3 million square feet.Getty Images...
New Development Services Portal Debuts June 2nd
On June 2nd, 2014 the City of Rancho Cucamonga is launching a development services portal that will accelerate the process for permits, inspections and plan checks. New Development Services Portal Debuts June 2nd Say hello to Accelerate, an expanded way to apply for...
Quarterly Economic Report – John Husing
In 2014, the Inland Empire’s growth will continue the extraordinary expansion that hit in 2013 when 46,833 jobs were unexpectedly created.... Dr. Husing, Dr. Freund, and Mr. Ruffner provided great insights and encouraging analysis on how the Inland Empire is shaping...
Inland Empire, Prime for Multifamily Investment
The Inland Empire market, comprised of Riverside and San Bernardino counties, went through a significant downturn during the recession that is only now starting to see real signs of recovery By Natalie Dolce | Inland Empire There are two main factors driving the...
Inland region poised for economic growth new report says
It could be years before the Inland Empire gains back the jobs that were sapped by a devastating economic downturn, according to a report released Tuesday, which also showed that the region was poised for improvement. By Canan Tasci, Inland Valley...
New California 1031 Exchange Law Effective January 1, 2014
Effective January 1, 2014, all taxpayers – resident or non-resident – who sell California property in a 1031 exchange and purchase replacement property located outside of California will be required to report this annually to the California Franchise Tax Board. In...
Healthy Construction Levels in the Inland Empire
Allied Commercial associates, Steven Roppel & Tony Guglielmo, author an article for Western Real Estate Business Magazine's December 2013 Edition New industrial buildings under construction are larger than ever Contributed by: Steven D. Roppel, Senior Vice...
Office Outlook: Vacancy Declines, Rents Rise in 2014
Office vacancy across the U.S. is expected to continue declining next year, dropping approximately 80 basis points to 14.3 percent by year-end... Posted December 11th 2013 Office vacancy across the U.S. is expected to continue declining next year, dropping...
A Stronger Asset
New sources of capital and increased demand have strengthened the commercial real estate market. A Stronger Asset New sources of capital and increased demand have strengthened the commercial real estate market. by William Hughes The current economic landscape has...
Multifamily and Industrial Continue Positive Gains
Strong demand in Multifamily & Industrial product continue to drive the sector higher. Click the link to view the full CCIM news story. Posted November 6th 2013 Equilibrium of supply and demand driven by the renovation of existing projects continues to be a...
Good news for owners of smaller residential rental properties
Informative Article regarding the how to deduct improvements and repairs to business property, including commercial buildings and residential rentals. By: Stephen Fishman, Contributor Sep 30, 2013 Last week’s column (“IRS finally provides guidance on building repairs...
Work Gets Started on Transit-Oriented Res Development in Pomona
Realm Group LLC has obtained debt financing and started construction on Monterey Station, a 349-unit, transit-oriented apartment development on 6.5 acres in downtown Pomona. Work Gets Started on Transit-Oriented Res Development in Pomona 8/23/13 Realm Group LLC has...
Holt Boulevard build-out in Ontario a long-term plan
Construction continues on a new discount store at the corner of Bon View Avenue and Holt Boulevard on Monday in Ontario. City officials are hoping current construction could spark future development. By Liset Marquez, Inland Valley Daily Bulletin POSTED: 08/26/13,...
New ADA Laws Could Provide Relief
Relief may be in sight for property and business owners from the rampant abuse by predatory ADA plaintiffs. By Bryan Mashian, Esq. Relief may be in sight for property and business owners from the rampant abuse by predatory ADA plaintiffs. As many have experienced,...
San Bernardino County Property Tax Assessment Appeal
The regular filing period for the County of San Bernardino begins July 2nd, 2013. You can file your appeal application online electronically. See below for more info. The Board of Supervisors of each California county serve as local representatives of the California...
New Commercial Real Estate Laws
Laws Impacting Commercial Property Owners in California that take effect July 1, 2013 Legislative Alert - Effective July 1, 2013 - ADA Disclosures Action Required On July, 1, 2013, Civil Code Section 1938 goes into effect and requires commercial leases executed on and...
JUST SOLD – 7.24 Acres Raw Land
Allied Commercial Real Estate is pleased to announce that Tony M. Guglielmo, CCIM has sold 7.24 Acres of Raw Land in San Bernardino, California Property info:
California Commercial Building Owners Must Disclose Energy Usage of the Building During Sale, Lease or Financing after July 1, 2013
Beginning, July 1, 2013, all California commercial buildings with a total gross floor area of more than 50,000 square feet are required to disclose the building's energy usage in advance of any sale, lease, or financing of the entire building. In order to ensure...
Top Mistakes to Avoid with Commercial Real Estate Contracts
Show host Michael Bull recently had the opportunity to co-instruct a continuing education class on commercial real estate contracts for brokers, developers and investors with attorney Seth Weissman. Seth G. Weissman, Partner Weissman Nowack Curry & Wilco,...
Isaias Hellman was key in Inland Valley development
Isaias Hellman knew a bargain when he saw it in 1870 -- 13,000 acres on sale in a place called Cucamonga.It was on Nov. 17, 1870, only 11 years after he arrived in Los Angeles from his native Bavaria speaking no English, that Hellman bought the historic Rancho...
AIR Makes Updates to Legal Forms
The AIR publishes some of the most commonly used commercial real estate documents in the Western United States. Recently, they revised documents to address new disclosure requirements for commercial property leasing and sales. The Property Information Sheet was...
Brokers: Inland office market improving, but far from all the way back
Despite steady improvement in the Inland Empire office market, no office buildings will be developed in the region for some time, according to two of the market’s leading office brokers. Tom Pierik and David Mudge, both senior vice presidents with Lee & Associates...
Ontario Office Building – Just Sold
Steven Roppel, SVP, Allied Commercial Real Estate, is pleased to announce the sale of 410 North Lemon Avenue, Ontario, California The quick sales transaction to a well-established local Chiropractor was completed in less than thirty days from purchase offer to close...
Fresh & Easy Closing?
The parent company of Fresh & Easy, Tesco, PLC, (UK) “one of the world's largest retailers with operations in 14 countries, employing over 500,000 people and serving millions of customers every week.” Announced on December 5, 2012, that they have begun to “conduct...