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Darren Karst has been named chief financial officer of Ontario-based Heritage Grocers Group, the parent company of Cardenas Markets. Karst will oversee all financial and accounting matters and report to Doug Sanders, Heritage Grocers’ chief executive officer, according to a statement released today “I am excited to welcome Darren to …

The median U.S. rent fell 0.4 percent in March, the first year-over-year decline in that category in three years, according to data released Tuesday. The $1,937 median rent was also the lowest nationwide in 13 months, according to Redfin, the Seattle-based residential real estate brokerage. To put those numbers in …

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 …