A $286 million lease in Ontario has been named the largest industrial transaction in the United States for 2022 by a major trade association. DAUM Commercial Real Estate Services negotiated the 15-year transaction, which involved a 1.2 million-square-foot warehouse that is a Canadian clothing company’s distribution hub for the western …
Read More »Small biz programs open in Riverside
Two organizations that help small businesses in the Inland Empire have opened in a location in Riverside. The Inland Empire Small Business Development Center the Inland Empire Women’s Business Center and the Inland Empire Center for Entrepreneurship are located at 3985 University Ave., according to a statement. Both entities are …
Read More »State home sales decline
Single-family home sales in California totaled 269,180 in July, down three percent month-over-month and nine percent from exactly one year earlier, according to a recent report. Statewide, the median price of a single-family home last month was $832,340, down slightly from June but up 0.2 percent year-over-year, the first increase …
Read More »ONT passenger count keeps rising
Ontario International Airport had its best month ever in July, topping its previous records for most passengers and most international passengers. The airport attracted 582,576 air travelers last month, surpassing the previous record set in June when 559,447 passengers passed through the turnstiles, according to the Ontario International Airport Authority. …
Read More »Car wash sells for $7.1 millon
A full-service car wash in Corona has been sold for $7.1 million. Merit Auto Spa was sold by an Orange County private investor to a Los Angeles County private investor, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller in the transaction. Both parties wished to …
Read More »Costco to locate in Highland
Highland will soon have its first Costco Wholesale. The single-story facility will be built on 20 acres on the north side of Greenspot Road between the Foothill Freeway and Boulder Avenue, according to a statement on the city’s website. The site is now open space. A construction schedule has not …
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