A residential retail property in downtown Palm Springs has been sold for $7.3 million. New Dawn Enterprises LLC purchased the 21,000-square-foot parcel at 803 N. Palm Canyon Drive from 803 N. Palm Canyon Holdings, according to CBRE’s Ontario office. “This was … a buyer who truly appreciates the opportunity of …
Read More »RivCo, state agencies look to clean up part of Salton Sea
Work has begun on a project that state and local officials hope will revive the Salton Sea’s north shore. The North Lake Pilot Demonstration Project is being undertaken by Riverside County, the Salton Sea Authority, and the Salton Sea Management Program. The latter is a state agency dedicated to improving …
Read More »State home sales stay down
Higher interest rates continued to disrupt California’s housing market in October, according to data released on Nov. 20. Sales of existing single-family homes totaled 241,770 in October, down only 0.3 percent from September and down nearly 12 percent year-over, the California Association of Realtors reported. Those numbers take into account …
Read More »Stater Bros. promotes Salazar
Gil Salazar has been promoted to senior vice president of information technology by Stater Bros. Markets Inc. Salazar, who was also named chief information officer, has nearly 35 years of IT experience and has worked for Stater Bros. for eight years, according to a statement on the company’s website. His …
Read More »Work starts to park’s second phase
Construction has started on the second phase of Copper Creek Park in Perris. A groundbreaking ceremony that was attended by Mayor Michael M. Vargas, city council members, and representatives for State Sen. Richard Roth, D-Riverside, and Assemblyman Dr. Corey Jackson, D-Moreno Valley, was held Nov. 14, according to a statement …
Read More »Three hotels under construction in the IE
Choice Hotels International Inc. is developing three Everhome Suites properties in the Inland Empire. The Rockville, Md. company is building the hotels with its partner, Paladin Equity Capital in Los Angeles, according to a statement. All will be four stories. Their sizes and locations are: 120 rooms at 27165 Madison …
Read More »