A property near Ontario Mills that is occupied by a Mexican food restaurant has been sold for $4.6 million. The 5,535-square-foot building at 4423 Mills Circle is home to Culichi Town, according to SRS Real Estate Partners’ Newport Beach office. SRS represented the seller, a Southern California developer whose name …
Read More »State labor market increases slightly
California recorded a 4.7 percent unemployment rate in September, essentially unchanged from the previous month and up only 0.7 percent year-over-year, according to data released Friday. Eight thousand seven hundred non-agricultural jobs were added to the state’s economy last month, bringing the total to 436,400 the number of jobs added …
Read More »Expect a good, but probably not a great, holiday shopping season
If you’re a retail business owner who relies on Christmas sales to turn a profit, you’re probably feeling optimistic right now. Four major forecasts regarding the 2023 holiday shopping season have been released, and three of them predict an increase in sales compared with last year, despite a few clouds …
Read More »State grant will help Riverside pay for library
Riverside has received $10 million from the California State Library that will help pay for a branch library. The Spc. Jesus S. Duran Eastside Library, named for one of the city’s three Congressional Medal of Honor recipients, will be developed at Bobby Bonds Park, 2060 University Ave., according to a …
Read More »Montoya named SB city manager
Charles A. Montoya has been named San Bernardino’s city manager. Montoya, who has spent 30 years working in municipal, state, and federal government, is expected to start work Oct. 30, according to a statement on the city’s website. He will replace Charles McNeeley, who was serving as interim city manager. …
Read More »Heritage Grocers announces promotions
Eric Stover and Prabash Coswatte have been promoted by Heritage Grocers Group, the parent company of Cardenas Markets. Stover has been named president and Coswatte chief operating officer of the Ontario-based company, and both will report to Chief Executive Officer Doug Sanders, according to the statement. Stover, most recently Cardenas …
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IE Business Daily Business news for the Inland Empire.