An automated distribution facility in Bloomington that specializes in “last-mile” deliveries has been sold for $102 million. Crow Holdings Development, a private Investment-development firm in Dallas, sold the 344,360-square-foot structure at 18025 Slover Ave., according to JLL, which helped negotiate the sale. Information about the buyer was not released. The …
Read More »Program will help UofR transfers
San Bernardino Community College District students now have extra incentive to transfer into the University of Redlands. The district and the university have started Redlands Promise, in which district students who transfer to the Redlands campus may not have to pay tuition during their time there, according to a statement …
Read More »CVB Financial has solid quarter
CVB Financial Corp. reported earnings of $59.1 million for the second quarter of 2022, up from $45.6 million in the first quarter and $51.2 million year-over-year. Earnings per share was 42 cents for the quarter that ended June 30, an increase of 11 cents per share compared with the first …
Read More »Truck terminal sells for $83 million
A 43,000-square-foot truck terminal in Rialto has been sold for $83 million in an off-market transaction. The project, at 2650 S. Willow Ave, was purchased recently by Bridge Logistics Properties, a real estate management company, according to statement. The seller, TFI International Inc., is a transport and logistics company based in Saint-Laurent, …
Read More »IE unemployment up slightly
The Inland Empire’s unemployment rate reached four percent in June, up from a revised 3.4 percent in May but well below the 8.4 percent predicted one year earlier, according to data released. Statewide, unemployment last month was also four percent, the state employment development department reported in its monthly assessment …
Read More »American Airlines adds flights at Palm Springs
American Airlines will add flights from Palm Springs International Airport to Austin, Texas staring this fall. The flights will operate daily from Nov. 17 through Nov. 29 and Dec. 15 through Jan. 9, giving travelers a second set of nonstop flights to the Texas capital during the holidays, according to …
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