The recession is more or less over, according to a middle-of-the-year review of the Inland industrial market. Things are likely to get better, with more activity and job growth on the horizon. And many brokers are watching a certain mega-industrial project proposed for Moreno Valley. The industrial real estate brokers …
Read More »Battle over WLC continues
The debate over a proposed mega-industrial project in Moreno Valley continued Thursday, with supporters and opponents engaging in a sometimes heated exchange before the city’s planning commission. This was the second time the commission has heard debate on World Logistics Center, a logistics development large enough to cover 700 football …
Read More »Inland business lands state tax credits
A Redlands company has received $2 million in state tax credits that it will use to expand its facilities and hire new workers. ESRI, a world leader in geographic information systems and mapping software, will receive the money through the California Competes Tax Credits program, said Mike Nelson, Redlands’ economic …
Read More »Inland theme parks gear up for crucial summer months
There’s every reason to believe the season will be a good one, but some local park officials are being cautious for now. One wild card is the rising price of gas. For the local theme park industry, the recession might not quite be over. Yes, the economy is in far …
Read More »Moreno Valley lands automaker, manufacturing jobs
At least this week, Moreno Valley is about more than warehouse-distribution facilities. City officials announced Tuesday that an agreement had been reached that will bring an automotive manufacturing facility to the city. Fisker Automotive and Technology Group will lease a new 555,670-square-foot industrial building at 17100 Perris Blvd. in the …
Read More »Port activity is flat
May was a routine month at the Port of Los Angeles. Traffic was up only .8 percent compared with May 2014, as workers handled the equivalent of nearly 695,000 20-foot containers, the port industry’s standard measuring stick, according to data released Monday. That minor increase was due mostly to an …
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