Three restaurants in Riverside have been sold for $4.2 million. The fast-food establishments, all next door to each other, were sold in separate transactions, according to Progressive Real Estate Partners in Rancho Cucamonga, which brokered both deals. Plant Power, at 3940 University Ave., covers 2,250 square feet and sold for $2.07 …
Read More »ARMC trauma center made Level One
Arrowhead Regional Medical Center’s trauma center has been designated a Level One Adult Trauma Center by the American College of Surgeons. That ranking, by the college’s Committee on Trauma, is based on a site visit by committee members in July and is the highest ranking of its kind in the …
Read More »San Bernardino International Airport is well-positioned for the future
That’s the opinion of Mark Gibbs, director of aviation at San Bernardino International Airport, who has seen much happen in the 20 years he has worked there. Gibbs, 50, a Riverside native, has watched the former Norton Air Force Base go from an airplane maintenance and cargo facility to a …
Read More »Perris industrial building sold
A 205,589-square-foot industrial building in Perris has been sold. The structure at 100 W. Walnut Ave. sold for $59.2 million, according to Avison Young Ontario. Avison Young represented the buyer, a fund managed by Ares Management, a global alternative investment manager. The seller, an investment group called 100 Walnut, LLC., …
Read More »Field steps down as SB city manager
San Bernardino City Manager Rob Field has announced his resignation. Field announced his decision during a closed session before Wednesday’s city council meeting, Councilman Theodore Sanchez said. Six council members – Councilman Ben Reynoso was absent – accepted Field’s resignation, which came after the third of three closed meetings in …
Read More »San Bernardino will pay $8 million to level Carousel Mall
San Bernardino has agreed to pay $8 million to demolish the Carousel Mall. In a 5-1 vote, the city council at its Wednesday meeting approved an agreement with Cerritos-based Resource Environmental to level the former shopping center, Councilman Theodore Sanchez said. Councilwoman Kim Calvin cast the dissenting vote. Councilman Ben …
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