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San Bernardino gives out small-business grants

Cal State University San Bernardino receives grant money

San Bernardino has given $730,000 to 30 small businesses and nonprofit organizations from a grant program it began late last year. An estimated $2.27 million is expected to be distributed to another 120 entities within the next few months, according to a statement on the city’s website. The SBVC Foundation …

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French Valley retail property sold

building sold

A 4,400-square-foot retail property in French Valley has been sold for $3.3 million. The site, at 35958 Winchester Road changed hands in an all-cash agreement between two Southern California investors whose names were not released, according to SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS Real …

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Inland manufacturing stumbles

Inland Empire manufacturing

The Inland Empire’s manufacturing sector took a step backward in April. After three consecutive months that indicated growth, the region’s purchasing managers index fell to 46.9 last month, down from 59.2 in March, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported recently. March’s index …

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Logistics project breaks ground

Ground has been broken on a 334,048-square-foot logistics facility in Fontana. The project, at the southwest corner of Banana and Santa Ana avenues, is being developed by Birtcher Development in Newport Beach and is expected to be completed in early 2024, according to a statement. Students from Southridge Tech Middle …

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So Cal home market has decent March

Southern California’s median home price in March was $705,000, a 2.1 percent year-over-year drop. Despite that decline, five of six counties had their median price rise between the second and third month of the year: San Bernardino (1.1 percent), Orange (3.6 percent), Los Angeles 4.4 percent, San Diego (5.2 percent),  …

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