A medical office building in Upland has been sold for $8.8 million. The three-story structure at 400 Mountain Ave. was sold by Harbor Associates LLC, a property investment company in Seal Beach, to a local medical user who was not identified, according to CBRE. “This was an opportunity to acquire …
Read More »Ontario International passenger count keeps rising
Passenger traffic at Ontario International Airport increased 7.6 percent in September, according to data released today. Five hundred and fifty-six thousand air travelers passed through the airport last month, nearly 40,000 more than in September 2022, the Ontario International Airport Authority reported. Domestic passengers increased 3.5 percent, to 520,000, while …
Read More »Inland industrial market slows
After several years of solid – and occasionally spectacular – growth, the Inland Empire industrial market is starting to lose steam. Vacancy rose to 3.9 percent year-over during the third quarter, to 25.6 million square feet, according to Voit Real Estate Services. The industrial vacancy rate in Riverside and San …
Read More »San Bernardino to start on next phase of affordable housing project
San Bernardino is preparing to complete the fourth phase of an affordable housing project that it began about a dozen years ago. All it needs to make that happen is some help from the federal government. Arrowhead Grove – formerly called Waterman Gardens – will convert a 40-acre site that …
Read More »National CORE Raises $1.125 million for Underserved Youth
The Inland Empire region is home to one of the largest nonprofit affordable housing developers in the United States. National CORE was founded by Jeff Burum and his partner, Andy Wright, in 1991 and has developed more than 10,000 units of affordable housing that are home to about 30,000 residents …
Read More »Ramirez appointed to water board
Jesse Ramirez has been appointed to the Mojave Water Agency’s Board of Directors. The Barstow native has worked in the water industry for 44 years, including the last 18 as operations superintendent for San Dimas-based Golden State Water Co., according to a statement on Barstow’s website. Ramirez will represent Division …
Read More »
IE Business Daily Business news for the Inland Empire.