The Riverside County Board of Supervisors has agreed to a pay raise for workers in the county’s In-Home Support Services program. The agreement, which must still be approved by the state and members of the United Domestic Workers, calls for three straight years of pay increases for members of that …
Read More »
U.S. single-family home prices grew 6.9 percent in December, the lowest rate of year-over-year growth since the summer of 2020, a report released today stated. That slowdown is being blamed primarily on high mortgage rates and general pessimism about the economy’s immediate future, according to CoreLogic in Irvine. Despite a …
Read More »
A 1.8-million-square-foot warehouse-distribution center in an unincorporated community in Riverside County has been sold for a reported $329 million. Shopoff Realty Investments in Irvine and Artemis Real Estate Partners in Washington, D.C., sold Cherry Valley Logistics Center, to Toronto-based Brookfield Asset Management, according to a statement posted on Feb. 6 …
Read More »
The world’s largest movie theater chain in the United States will start charging ticket prices based on seat location at all of its domestic theaters. AMC Theatres’ Sightline at AMC program has started at some locations and will be standard at all AMC domestic cinemas by the end of the …
Read More »
A Chevron service station, convenience store, and car wash in Norco have been sold for $11.9 million. The 2.8-acre development at 996 Mountain Ave. sold for its full asking price in a transaction that included all three structures as well as the property, according to Progressive Real Estate Partners in …
Read More »
Don Brown doesn’t hold back when asked how much he expects Barstow International Gateway, BNSF Railway Co.’s planned 4,500-acre rail yard and intermodal facility, will transform the High Desert city. The project better known as BIG, is a “game changer,” not just for Barstow but the High Desert, Brown said. “Just …
Read More »
IE Business Daily Business news for the Inland Empire.
