Business

IE Business Daily hosted the annual Inland Empire Economic Outlook by economist Dr. Jay Prag, Clinical Professor of Economics and Finance at the Masatoshi Ito and Peter F. Drucker School of Management. We spoke with local business leaders, Jeff Burum, founder of National CORE and Mark DiLulllo, CEO of Threshold …

A Moreno Valley automobile dealership has completed a major expansion. Car Pros Automotive Group has added 7,500 square feet to its service center at a cost of $2.2 million, according to a statement on the city’s website. The dealership now has 27 service bays, up from 13, making it the …

National CORE, the Rancho Cucamonga nonprofit that builds affordable housing throughout Southern California, is using its own podcast studio to get its message out. But the facility at the organization’s headquarters at 9692 Haven Ave. isn’t talking much about building houses that lower-income people can afford, according to Jeff Burum,National …

Victoria Gardens, the 1.2 million-square-foot regional shopping center in Rancho Cucamonga, has been sold. Redwood West in Newport Beach and Panattoni, a commercial real estate company, have purchased the open-air  facility for $530 million, according to multiple reports. The seller was Brookfield Properties in New York. The new owners plan …

A Grocery Outlet in Ontario is expected to close by the end of this year. The store at 4420 Ontario Mills Parkway is one of 36 underperforming locations nationwide the chain plans to shut down during the next 10 months, according to multiple reports. “We’re closing underperforming stores, reshaping our …

EoS Fitness is opening a third location in Temecula. The gym operating chain will open a 35,000-square-foot facility at Commons at Temecula, in a space formerly occupied by Jo-Ann Fabric and Craft, according to a company statement. Commons at Temecula is located at 40462 Winchester Road. The regional shopping center’s …