A 20,000-square-foot retail structure in San Bernardino occupied by Office Depot has been sold for nearly $4.9 million. The building, at 675 E. Hospitality Lane, is part of the Tri-City Commons/Hospitality Lane District, one of the Inland Empire’s better-known retail, dining, office and hospitality destinations, according to Progressive Real Estate …
Read More »Riverside takes harder look at legal cannabis sales
Riverside has moved closer to allowing the sale of cannabis within its borders. In a 5-2 vote last month, the city council made cannabis stores an “allowed business,” setting the stage for eventually having licensed cannabis storefronts in Riverside, according to a statement on the city’s website. Besides making it …
Read More »De Aztlan honored by RivCO
Amalia De Aztlan, a longtime civil rights activist, has been named Woman of the Year in Riverside County’s fourth district. Supervisor V. Manuel Perez selected Amalia De Aztlan for the honor as part of the county’s recognition of International Women’s Day and Women’s History Month, according to a statement on …
Read More »Staters’ golf tournament raises $1 million
The Jack H. Brown Heroes Challenge raised $1 million for charities on Sunday at the Renaissance Esmeralda Resort & Spa in Indian Wells, the most money raised in the golf tournament’s 16-year history. The event, named for the late executive chairman of Stater Bros. Markets, attracted 350 sponsors and seven …
Read More »Rents drops to lowest level in 12 months
Median rent in the United States rose 1.7 percent in February, to $1,937, according to data released recently. That was the smallest year-over-year increase in asking rental rates in nearly two years, and the lowest median rent nationwide in 12 months, Seattle-based Redfin reported. February was the ninth consecutive month …
Read More »Report: Housing costs consume many household incomes
More than 40 percent of Inland Empire households spend at least one-third of their income on housing, a UC Riverside report has found. The study – “Housing and Sustainability in the Inland Region: Affordability, Equity, and Changing Demographics – also found that housing construction in Riverside and San Bernardino is …
Read More »