Tag Archives: featured

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 …

The taxable value of all property in Riverside County reached $404 billion as of Jan. 1, a nine percent year-over-year increase. That was the first time that number topped $400 billion and the second consecutive year the county’s tax assessment valuation recorded a nine percent annual growth rate, according to …

Like a lot of cities, Fontana has become populated with sidewalk vendors, and it wants to get them under control. City officials believe they have found a way to accomplish that goal: pay those vendors – in particular, those who serve full meals for customers sitting at makeshift tables – to …

Rep. Mark Takano, D-Riverside, recently toured one of Moreno Valley’s affordable housing developments. Accompanied by the Moreno Valley City Council and Riverside County Supervisors Yxstian Gutierrez, Takano on July 5 inspected the Myers Park apartments, 24410 Myers Ave., according to a statement on the city’s website. The tour was meant …

Harry Barrett, Jr., executive director of Palm Springs International Airport, has been elected to the American Association of Airport Executives’ board of directors. During his two-year term, Barrett will help lead the association’s efforts to promote diversity and equity in aviation, in addition to his regular duties as a board …

The Inland Empire office market had a rough second quarter, with vacancy and net absorption both moving in the wrong direction as the quarter ended. Vacancy was 9.5 percent, up slightly from the first quarter, while net absorption was minus 9,834 square feet, the first negative quarter in that category …