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The Inland Empire industrial market cooled slightly during the first quarter, as vacancies rose and lease rates declined, according to data released today. The vacancy was 2.1 percent, still low but an increase of 74 basis points from the fourth quarter of 2022, Voit Real Estate Services reported. Lease rates …

West Coast Dental, a chain with more than 40 locations throughout California, will open its first High Desert office. The company has signed a 10-year lease to locate next to Hesperia Square, a shopping center anchored by a Vallarta supermarket and a Dollar Tree discount store, according to Progressive Real …

U.S. retail sales are expected to grow four to six percent this year, with total sales expected to reach $5.1 trillion, according to the National Retail Federation. That forecast compares with seven percent growth and $4.9 trillion in sales in 2022, the Washington, D.C.-based trade association reported recently. “While we …

Only one in five California families could afford the state’s median home price – $822,320 –  in 2022, a year-over-year drop of about five percent, according to the California Association of Realtors. An annual income of at least $186,800 was needed to make monthly payments of $4,670, on a 30-year …

Moreno Valley will provide entrepreneurial workshops to the local community through a partnership with UC Riverside. The arrangement between the university’s Office of Technology Partnerships and staff from the Entrepreneurial Proof of Concept and Innovation Center will provide business-related advice and assistance to Moreno Valley residents, according to a statement …

The U.S. Small Business Administration is providing loans to businesses that were damaged in last year’s Fairview Fire. Acting on its own, the administration declared an emergency related to the month-long fire after California’s request for a disaster declaration was denied, according to a statement on Riverside County’s website. The …