The Inland Empire’s retail sector put up solid numbers during the fourth quarter, despite persistent inflation and a tighter-than-normal credit market. Vacancy was 6.5 percent, unchanged from the previous quarter, while the average lease rate of $2.15 per square foot represented a modest four-cent decrease compared with the third quarter, …
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Albert Park has been named executive chef at the South Coast Winery Resort & Spa in Temecula. Park will be in charge of culinary operations at The Vineyard Rose Restaurant, the resort’s signature attraction, while also overseeing the Vineyard Grill at South Coast Winery’s sister property Carter Estate Winery and …
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A state assembly bill would make it easier to convert empty office space into housing. If passed, AB 1532 would make it easier to get exemptions from the California Environmental Quality Act, while waiving impact fees not directly related to an office-to-housing conversion project, according to the bill’s text. Also, …
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The growth in U.S. home prices continued to decline in January, according to data released this week. Prices grew 5.5 percent year-over-year during the first month of the year, that number marked the ninth consecutive month that price growth nationwide was lower than one year earlier, Irvine-based CoreLogic reported. “While …
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A 6.6-million-square-foot logistics facility is being planned near Auto Club Speedway in Fontana. The ACS Logistics Center will be developed on land purchased last month by Hillwood Investment Properties and CBRE Investment Management, according to Corion Properties. Santa Monica-based Corion Properties helped negotiate that transaction. Hillwood Investment Properties is a …
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More than 1,200 Inland Empire high school students are expected to participate March 10 in the Virtual Enterprises’ Inland Empire Regional Conference and Exhibition at Cal State San Bernardino. The event, sponsored by the Inland Empire Center for Entrepreneurship, will feature students who run virtual businesses from their classroom, according …
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IE Business Daily Business news for the Inland Empire.
