The Inland Empire office market had a solid second quarter, with 14,584 square feet of net absorption and nearly 39,000 square feet of construction recorded during that time, according to CBRE. Office vacancy decreased 30 base points to 9.7 percent, the third consecutive quarter-over-quarter vacancy drop for the office market …
Read More »Norco appoints city manager
Lori Sassoon has been appointed Norco’s city manager. Sassoon, Rancho Cucamonga’s deputy city manager of administrative services for the past 10 years, has been formally named to the city’s top non-elected administrative post during Wednesday’s regular council meeting, according to a statement on the city’s website. She will start work …
Read More »State, local homes sales drop
Sales of existing single-family homes in California totaled 334,970 in June, down 8.4 percent from May and 20.9 percent year-over-year, according to the California Association of Realtors. Last month, the median price of a home statewide was $863,790, down four percent from May but up 5.45 percent from June 2021. …
Read More »Stater Bros., Toyota Arena announce partnership
The Inland Empire’s largest private employer and its top entertainment venue have entered into a marketing agreement. Staring this week, advertisements for Stater Bros. Markets are scheduled to begin appearing on Toyota Arena’s Interstate 10 marquee, overhead scoreboard, television monitors and website, according to a statement released today by arena …
Read More »SB County to use state funds to build fire station, animal shelter
San Bernardino County will use $13 million in state money to buy fire engines and build a fire station and animal shelter. The funding, from California’s recently adopted 2022-23 fiscal year budget, represents effort on the county’s behalf from Assembly members James Ramos, D-Highland, Tom Lackey, R-Palmdale, and Eloise Gomez …
Read More »ONT continues hot streak
As of June, Ontario International Airport has topped pre-pandemic passenger levels for four consecutive months, according to data released today. Five hundred and fourteen thousand air travelers passed through the airport last month, nearly eight percent higher than June 2019 and a year-over-year increase of almost 20 percent, the Ontario …
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