Tag Archives: Featured

To no one’s surprise, the Inland Empire industrial market performed spectacularly during the second quarter of this year. About 9.2 million square feet of industrial space was absorbed into the Inland market during that time, bringing the amount absorbed during the first half of this year to 11.8 million square …

Latest numbers shows things are improving, but at a slow pace. Speculative development is probably not on the horizon. The Inland Empire office market is coming back. Not very quickly, but it is coming back. That’s the conclusion of Newmark Grubb Knight Frank, one of the first of the major …

California’s unemployment rate dropped to 6.3 percent in June, as the state added 22,900 non-farm jobs during the month. That was essentially unchanged from May but down 1.2 percent compared with June 2014, according to a report released Friday by the California Employment Development Department The state has added more …

Cash sales accounted for 33.7 percent of all U.S. home sales in April, according to CoreLogic in Irvine. That was down from 37.4 percent in April 2014, the 28th consecutive month that category has declined and the lowest percentage recorded since September 2008, stated CoreLogic, which released its monthly report …

Steve Quintanilla has been named Moreno Valley’s interim city attorney. Quintanilla, president of Quintanilla & Associates in Rancho Mirage, was approved by the city council Tuesday, according to a statement posted on the city’s web site. He replaces attorney Mike Jenkins of Los Angeles, who took over in April when …

G. Richard Olds has resigned as dean of UC Riverside’s medical school. Olds, considered by many to have been the driving force in establishing the medical school, announced he is stepping down in a letter sent to school personnel and students, according to a report in The Press-Enterprise. His resignation …