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 »Part Two: Barstow hopes BNSF’s mega-project will provide an economic lift
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 »NFI renews lease
NFI Industries, a third-party logistics company, has renewed its lease at the Perris Distribution Center. Newmark Ontario represented the landlord in the negotiations, Los Angeles-based Ares Management, according to a statement. Terms of the agreement were not disclosed. NFI occupies an 864,000-square-foot building at Perris Distribution Center, a two-story building …
Read More »Tinio named Riverside planner
Maribeth Tinio has been named Riverside city planner. Tinio has nearly 20 years experience in planning, economic development and environmental analysis/compliance, according to a statement on the city’s website. For the last seven years, Tinio was Stanton’s interim community and economic development director and planning manager. Before that, she was …
Read More »Barrera named new Economic Development Manager
Jorge T. Barrera has been named Riverside’s economic development manager. Currently Modesto’s economic development director, Barrera has worked in government for more than 20 years, according to a statement on Riverside’s website. Barrera’s first public sector job was development specialist in Riverside County’s economic development agency. For the past 12 …
Read More »IE manufacturing perks up, for now
Inland Empire manufacturing has bounced back, at least for the moment. The region’s purchasing managers index was 50 in January, according to data released Feb. 2 by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That came one month after the December index registered 47, …
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