The Inland Empire’s manufacturing sector took a major hit in November. The region’s purchasing managers index plummeted to 41.2, the second consecutive month that number has been below 50, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Should December’s index be below 50, …
Read More »Victorville Wellness Center to open
Victorville will open its $28 million wellness center on Dec. 8. The facility, a key element in the city’s attempt to reduce homelessness, has 110 modular units and a minimum of 170 beds, according to a statement on the city’s website. The project at 16902 First St. sits on 4.5 …
Read More »Ontario industrial building leased
A global outsourcing business has leased an industrial building in Ontario. H Global Commerce, which specializes in glass products and home goods, will occupy a 142,556-square-foot structure at the southeast corner of East Jurupa Street and South Vintage Avenue, according to CBRE. CBRE Ontario represented H Global Commerce in the …
Read More »Perris’ proposed special tax strikes out
Measure A, the proposed business license tax in Perris that would have paid for damage caused by industrial buildings has failed to pass. Of 3,085 votes cast, 52.16 percent were in favor while 47.8 percent voted no, according to the Riverside County Registrar of Voters. A two-thirds majority vote was …
Read More »Apple Valley to help residents get solar power
Apple Valley has partnered with a Silicon Valley company to provide the High Desert town’s homeowners with solar panels and storage batteries. PoweredUp Apple Valley, which was recently approved unanimously by the town council, will be available to more than 17,000 households regardless of their income or credit rating, according …
Read More »IE industrial market to face strong headwinds in 2024
The days of a perpetually red-hot industrial market in the Inland Empire – record sales and leases, high vacancy rates, plenty of speculative development, and an endless absorption of open space – may be a thing of the past. At the very least, with the start of a new year …
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