A Rancho Cucamonga building that is used as a call center by Citizens Business Bank has been sold. The structure at 9337 Milliken Ave. was sold by the bank for $21.5 million to a private investor whose name was not released, according to a statement. The 47,700-square-foot building, which also serves …
Read More »Riverside among lowest property taxes in U.S.
Riverside residents pay among the lowest property taxes of any U.S city, a recent report has found. The city’s effective property tax rate – taxes paid as percentage of market value – is currently about 0.7 percent according to Seattle-based Redfin Corp. a real estate brokerage and mortgage company. Anaheim …
Read More »San Bernardino gets new street lights
San Bernardino has installed an estimated 96 street lights in the northern part of the city. The “Genevieve” Circuit – between Mountain View Avenue and Sierra Way from Marshall Boulevard to 34th Street – features 36 lights and polls, according to a statement on the city’s website. Sixty lights and polls …
Read More »Judge halts proposed industrial project in Bloomington, at least for now
A proposed warehouse-distribution project that would cover 213 acres has been tripped up, at least temporarily, by a flawed environmental impact report compiled by San Bernardino County. Bloomington Business Park would bring 2.1 million square feet of warehouses to Bloomington, an unincorporated community of approximately 23,000 residents in San Bernardino …
Read More »CVB Financial records another profitable quarter
CVB Financial Corp. has announced net income of $51.2 million for the quarter ended September 30, 2024. That was up $50 million during the second quarter of this year, but down $6.7 million year-over-year, the Ontario-based financial institution reported Nov. 1. Earnings per share were 37 cents for the third …
Read More »Cabrera, Delgado appointed to leadership with League of California Cities
Moreno Valley Mayor Ulises Cabrera and Councilman Ed Delgado have been appointed to leadership positions with the League of California Cities. Cabrera has been named to the league’s board of directors and will serve a second year as vice president of the Cal Cities Latino Caucus, according to a statement on …
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IE Business Daily Business news for the Inland Empire.