If you want to know how popular e-commerce has become, look no further than the Inland Empire industrial market. Vacancy fell to 1.4 percent in the second quarter, the result of an increase in lease renewals and more aggressive first-time leasing, according to CBRE. Lease rates in the second quarter …
Read More »Palm Springs adds Vancouver fights
Flair Airlines, a discount carrier based in Edmonton, Alberta Canada, will begin offering flights from Palm Springs International Airport to Vancouver, British Columbia later this year. The twice-weekly flights are scheduled to begin in late October and operate during the valley’s tourist season, according to a statement. The flights will …
Read More »Moreno Valley industrial park fetches $20.3 million
A five-building industrial park in Moreno Valley has sold. Vertical Ventures Capital LLC in Walnut Creek bought Moreno Corporate Center for $20.3 million, according to a statement released Monday. The seller, a private investor in Southern California whose name was not released, was represented by CBRE. Vertical Ventures, which buys …
Read More »ONT travel almost back to normal
Ontario International Airport’s passenger traffic increased 200 percent year-over-year in June, airport officials announced recently. The airport’s traffic count last month also reached 90.2 percent of its count in June 2019, another sign of the airport’s ongoing recovery from the pandemic, according to the Ontario International Airport Authority. More than …
Read More »Staters to build Riverside store
Stater Bros. will build a supermarket in Riverside, the company’s 12th location in the city. The store will be at the southeast corner of Arlington Avenue and Van Buren Boulevard, in a former Kmart building that covers nearly 97,000 square feet, according to a statement released last week. Construction is …
Read More »Community health center opens in Palm Springs
The Palm Springs Community Health Center is again serving patients, this time with a new name and at a slightly different location. Formerly called the Palm Springs Family Care Center, the 35,000-square-foot facility is at 191 Sunrise Way, next door to the family care center’s former location, according to a …
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