All posts by IE Business Daily

  • Inland housing market should be strong in 2018

    All signs point to more home building and sales this year. How much the recently passed GOP tax reform package will help remains to be seen. Will 2018 be the year enough houses are built in the...

    • Posted January 15, 2018
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  • Inland Empire Shopping Center Sold.
    Starbucks site changes hands

    A Fontana retail property occupied by a drive-thru Starbucks Coffee has been sold. The 2,500-acre site at 17142 Slover Ave. sold for $3.1 million, according to a statement released by Faris Lee Investments, which negotiated the sale....

    • Posted January 15, 2018
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  • Stater Bros names new president

    George Frahm has been named president of Stater Bros. Markets. Frahm, who began working for Stater Bros. 45 years ago  as a clerk’s helper and janitor, will assume his new responsibilities Monday, according to a statement released...

    • Posted January 14, 2018
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  • UC Riverside names CFO

    Gerry Bomotti has been named UC Riverside’s chief financial officer and vice chancellor for planning and budget. Bomotti, who has spent more than 30 years in senior executive roles at U.S. public universities, is scheduled to begin...

    • Posted January 14, 2018
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  • U.S. rents up slightly in December

    Average multifamily rent in the United States was $1,359 in December, the same as November but a year-over-year increase of 2.5 percent, according to data released this week. Even though last year’s rental growth was the lowest...

    • Posted January 13, 2018
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  • IE industrial market finishes 2017 strong

    The Inland Empire had nearly 558 million square feet industrial space operating in the fourth quarter of last year, up from 536 million square feet one year earlier, according to data released Wednesday. Another 20.7 million square...

    • Posted January 13, 2018
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