A building in Indio occupied by the Texas Roadhouse steakhouse chain has been sold. The 16,600-square-foot building at the southeast corner of Jackson Street and 42nd Avenue sold for $3 million, according to a statement. Mountain Group, a real estate developer in Santa Ana that bought the property in 2018, …
Read More »Rancho Cucamonga to use electric fire engine
The Rancho Cucamonga Fire District has purchased an electric fire engine for $1.3 million. The Rosenbauer RTX Electric Fire Engine will operate out of Station 178, which is scheduled to open this spring on Town Center Drive east of Haven Avenue, according to a statement on the city’s website. Rancho …
Read More »Industrial slowdown continues
The Inland Empire industrial market continued to slow during the fourth quarter of 2023, with vacancy on the rise and leases and sales in decline. Vacancy rose a “whopping” 94 basis points in the last three months of 2023, to 4.8 percent, with total vacant space rising to 32.2 million …
Read More »City gets $35 million to help homeless
San Bernardino has received a $35 million state grant that will pay for temporary housing for the chronically homeless. The money, from the Department of Housing and Community Development, will finance construction of a facility next to the Lutheran Social Services’ San Bernardino campus at 1354 N. G St., according …
Read More »Empire jobless rate remains slightly high
The Inland Empire recorded a 5.1 percent unemployment rate in December, essentially unchanged month-over-month but well above the 3.7 percent predicted one year earlier, according to data released Friday. California’s unadjusted unemployment rate during the last month of 2023 was 5.1 percent, while the national rate was 3.7 percent, the …
Read More »CBRE Ontario announces promotions
CBRE Ontario has promoted two of its sales executives. Jay Dick has been named vice chairman, the highest title the company gives to a sales professional, according to a statement. A broker for more than 30 years, Dick has participated in more than 1,200 sales and lease transactions and has …
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