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Fitness center chain to open in Loma Linda

A national fitness center chain has leased space at a neighborhood shopping center in Loma Linda. Fitness 19, which has 39 stores throughout California and New Jersey, will occupy 21,100 square feet at Loma Linda Plaza starting early next year, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive …

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Spirit of Entrepreneurship finalists named

Finalists for the 20th annual Spirit of Entrepreneurship have been announced. The awards, sponsored by the Inland Empire Center for Entrepreneurship at Cal State San Bernardino, recognizes the top-performing businesses people in Riverside and San Bernardino counties. Twenty-eight entrepreneurs were chosen from more than 200 nominees: DISTRIBUTION/WHOLESALE ENTREPRENEUR Modern Pro …

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High Desert to get major rail facility

Building approved for UCR business school

BNSF Railway will build a $1.5 billion rail facility in the High Desert. The Barstow International Gateway, planned for 4,500 acres on the west side of the city, will include a rail yard, intermodal facility, and warehouses for moving freight from international containers to domestic containers, according to a statement …

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Inland manufacturing comes back

Inland Empire manufacturing

One month after Inland Empire manufacturing showed signs of retracting for the first time in nearly two years, the sector has come roaring back. The region’s purchasing managers index was 58.1 in September, up from 49 in August, the Institute of Applied Research and Policy Analysis at Cal State San …

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Home price growth slows

Seven Inland Empire multifamily properties change hands

Growth in U.S. home prices slowed to 13.5 percent in August, the fourth consecutive month that year-over-year price growth has declined, according to data released last week. Although home prices have recorded annual gains for 127 consecutive months, that was the lowest year-over-year increase since April 2021, Irvine-based CoreLogic reported …

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Retail portfolio sold

Sold Stamp

Three retail properties in French Valley have been sold for $17.3 million. The properties are adjacent to French Valley Marketplace, a 78,000-square-foot neighborhood shopping center at 35958 Winchester Road, according to a statement. SRS Real Estate Partners in Newport Beach negotiated the sale. Buyer and seller were described only as …

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