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San Bernardino to host small business conference

Logistics Conference

San Bernardino will host the inaugural San Bernardino County Small Business Development Conference on July 27 at the Doubletree by Hilton Hotel, 285 Hospitality Lane. The event will bring together small and medium-sized businesses, startups, and entrepreneurs who are looking for ways to improve and expand their businesses, according to …

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State home sales still struggling

Sold Sign

Sales of existing single-family homes in California remained below 300,000 in June, the ninth consecutive month the state’s housing market has failed to surpass that number. Closed escrow sales totaled 277,490 during the sixth month of the year, down 4.1 percent from May and 19.7 percent year-over-year, according to data …

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Industrial site sells for $61 million

An industrial property in Colton has been sold for $61 million. The 19-acre site was sold to Clarion Partners in Los Angeles and EBS Realty Partners in Newport Beach, according to CBRE. Hager Pacific Properties in Newport Beach, which CBRE represented, was the seller. The property at 275 and 375 De …

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MoVal recognized for housing policy

Moreno Valley has received a pro-housing designation from the California Department of Housing and Community Development. That classification, which Gov. Gavin Newsom announced on July 14, means Moreno Valley has priority regarding some state grant programs, including the Pro-Housing Incentive Pilot grant and the Affordable Housing & Sustainable Communities funding …

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SBIA recognized for low fares

SBIA recognized for low fares

San Bernardino International Airport has the most affordable airfares among all U.S. airports, according to a major travel publication. Passengers departing San Bernardino International in 2022 paid an average fare of $98.03, the lowest among all of the country’s commercial airports, Travel+Leisure reported last month. That finding was based on …

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Perris industrial building sells for $112.5 million

A fully-leased industrial building in Perris has been sold for $112.5 million. The 333,572-square-foot structure at 21500 Harvill Road is fully occupied by Cypress Medical Products, a development-distribution company in Richmond, Va., according to a statement. MDH Partners in Atlanta bought the building from CH Realty Partners in Los Angeles …

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