Home sales in Southern California rose 6.6 percent year-over-year in January, with Riverside and San Bernardino counties recording gains, according to data released March 18. Orange County posted the region’s largest annual increase in home sales, at 12.9 percent, followed by Riverside (8.7 percent), Los Angeles (8.0 percent), San Bernardino …
Read More »San Bernardino retail parcel changes hands
A property in San Bernardino occupied by a 7-Eleven convenience store has been sold for $7.7 million. The 1.2-acre parcel at 171 E. Redlands Blvd. was sold by Chase Partners Ltd. in Glendale, the project’s developer, to a private investor in Bakersfield whose name was not released, according to Hanley …
Read More »Financing obtained for major industrial project
Financing has been arranged for the first phase of 6.6 million-square-foot industrial project that is being built in Fontana. CBRE Investment Management and Dallas-based Hillwood Investment Properties have secured approximately $756 million through Eastdil Secured to help finance construction of Speedway Commerce Center, according to a statement. The first two …
Read More »Morongo tribe makes $5 million hospital donation
The Morongo Band of Mission Indians has donated $5 million to the San Gorgonio Hospital Foundation to help establish a women’s health program. Most of the donation will be used to help improve the hospitals obstetrics, gynecology, breast health, and women’s wellness programs, according to a statement released by the …
Read More »ONT completes three straight years of passenger increases
Ontario International Airport stayed hot in February, as its streak of year-over-year passenger increases reached 36 months. Passenger traffic grew nine percent during the second month of this year compared with February 2022, as the airport accommodated 413,413 domestic and 36,480 international fliers, according to data released Monday by the …
Read More »Report: State exports drop
California’s percentage of U.S exports slipped in January, mostly because of a drop of pharmaceutical shipments, according to a study released March 7. The state accounted 8.6 percent of goods shipped out of the country during the first month of the year, down from 8.9 percent in December and nine …
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