A logistics company has signed a pre-lease agreement at an industrial park in Chino. Sunset Pacific Transportation will occupy 136,200 square feet at the Chino Industrial Center, 14522 Yorba Ave, according to a statement released this week. Sunset Pacific is a freight consolidation company that ships goods nationwide. The company …
Read More »Palm Springs affordable housing project gets state grant
A planned 71-unit affordable housing project in Palm Springs for senior citizens has received a boost from state of California. The Department of Housing and Community Development’s has donated $6.4 million to West Hollywood Community Housing Corporation, developer of Aloe Palm Canyon, according to a statement. That project, which the …
Read More »CVB Financial records 127th straight stock dividend
CVB Financial Corp. in Ontario has announced an 18 cent per share cash dividend for the second quarter of this year. The dividend, approved by the financial institution’s board of directors last month, will be payable on or about July 15 to all shareholders of record at the end of …
Read More »San Bernardino retail building sells for $4.6 million
A Starbucks-anchored retail building in San Bernardino has sold for $4.6 million. The 5,000-square-foot structure at 2067 Highland Ave. opened last year and is fully leased, according to Progressive Real Estate Partners in Rancho Cucamonga, which announced the sale today on its website. Progressive marketed the property and represented the …
Read More »Hemet welcomes medical clinic-community center
The Optum-Hemet Clinic and Community Center will make it possible for people in southwest Riverside County to get primary medical care in once place. Officials also hope that, in time, the clinic will help solve a chronic doctor shortage in that part of the Inland Empire. A medical facility …
Read More »Home price, national and local, soar
Home prices nationwide rose 15.4 percent in May, the largest year-over-year increase since November 2005, according to data released today. Not enough houses being built combined with a demand for more homes continued to drive up prices during the fifth month of the year, causing many prospective buyers – especially …
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