There’s one way the Inland Empire can improve its office market: start attracting more high-tech industry. CBRE Group Inc. last week released a report on the high-tech sector and its impact on the U.S. office industry. To one’s surprise, the study found that high-tech businesses can help fill office space. …
Read More »Amazon.com is coming to Redlands
Amazon.com Inc., the online retail giant, will open its fifth California fulfillment center in Redlands, creating 2,500 full-time jobs. The company announced Thursday that it will occupy a 700,000-square-foot building at 2125 W. San Bernardino Ave. That structure is north of Interstate 10 and west of the Foothill Freeway, in …
Read More »Coca-Cola buys piece of Monster Beverage
Coca-Cola will buy a 16.7 percent interest in Corona-based Monster Beverage. The world’s largest soda manufacturer and distributor will pay $2.15 billion for its percentage of the company and will place two people on Monster Beverage’s board of directors, according to an Associated Press report. The transaction was announced Thursday. …
Read More »Auto dealership to move
The Upland City Council has approved an agreement that will allow Ford of Upland to move to a larger location. The council on Monday unanimously agreed to give back a portion of the annual sales tax revenue generated by the dealership’s sales for eight years, according to a report in …
Read More »Entertainment center to reopen
A former bowling alley in Lake Elsinore will reopen under new management, perhaps within a few weeks. Pins ‘n’ Pockets, formerly the Trevi Entertainment Center, will feature bowling, pocket billiards and banquet facilities, according to a report in The Press-Enterprise. Inland Pacific California owns the building, a 35,000-square-foot structure at …
Read More »Retirement community in Upland could be the start of a trend
As the Baby Boomer generation continues to age, more facilities like Oakmont of San Antonio Heights will be developed throughout the United States. For now, demand for such facilities is outpacing supply. Development of senior-living facilities is expected to balloon during the next decade, as the Baby Boomer generation continues …
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