Claire Oliveros has been named president of Riverside City College. Currently the vice president of Institutional Equity & Research and Planning at Cosumnes River College in Sacramento, Oliveros has worked in higher education for 28 years, according to a statement on the school’s website. She is scheduled to take office …
Read More »Industrial park sells for $19.5 million.
A 122,000-square-foot industrial park in Jurupa Valley has been sold. San Diego-based Intersection Equities Inc. paid $19.5 million for Riverside Business Park, which runs parallel to the 60 Freeway near the I-215-91 interchange, according to a statement. The buyer was a partnership between Intersection and an affiliate of Blue Vista …
Read More »Perris retail building sells for $4 million
A Perris building occupied by Altura Credit Union and a Little Caesar’s drive-thru have been sold for $4 million. The seller was a private investment group in Orange County, and the buyer was a family in Riverside County, according to a statement released by Hanley Investment Group Real Estate Advisors …
Read More »Report: California has the country’s largest homeless population
More than 171,000 people are homeless in California on a typical day, by far the most of any state, according to a study released June 20. Overall, California accounts for 30 percent of the nation’s homeless population, a group that is usually older than the average U.S. resident and either …
Read More »Progressive negotiates fast-food lease
Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate a lease for a drive-thru restaurant in Los Angeles County. The Habit Burger Grill will occupy a 2,366-square-foot pad/building in a strip mall at 1245 N. Grand Ave. across the street from Mt. San Antonio College in Walnut, according to …
Read More »State housing market bounces back
Sales of existing single-family homes in California reached 289,460 in May, up 9.8 percent from April but down 23.6 percent year-over-year, according to data released this week. The statewide median home price last month was $836,110, up three percent from April and down 6.4 percent from May 2022, the Los …
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