For the second time in a week, Progressive Real Estate Partners has helped complete a transaction in Pomona. The Rancho Cucamonga retail broker represented the seller in the sale of Valley Plaza, a 11,720-square-foot retail center at 2407 Valley Blvd., according to a statement on Progressive’s website. The property sold …
Read More »Tolber, head of Redlands PD, receives award
Redlands Police Chief Rachel Tolber has received the Gary P. Hayes Award, which is presented by the Police Executive Research Forum to mid-career law enforcement executives who have shown outstanding leadership and innovation skills. Appointed as chief in 2023, Tolber received the annual award April 16 during the research forum’s …
Read More »Bruno steps down as Colton fire chief
Ray Bruno has retired as Colton’s fire chief, ending 30 years of service with the city. Bruno began working with the Colton Fire Department in 1996 as a firefighter-paramedic, responding to fires, medical calls and other emergencies, according to a statement on Colton’s website. Bruno worked as an engineer, captain, …
Read More »Pending home sales increase
Pending home sales rose 2.7 percent year-over-year during the four weeks that ended April 26, according to a report. That nationwide increase was the largest in six weeks, and came at a time when mortgage-purchase applications rose to their highest level in three months, Seattle-based Redfin reported. The average mortgage …
Read More »IE’s available retail space drops, but absorption is strong
Available retail space in the Inland Empire fell 10 basis points to 6.9 percent during the first quarter of this year, according to a recent report. That quarter-over-quarter decline can be attributed to leasing outperforming the large-format space that came online, as well as a tightening of overall market conditions, CBRE …
Read More »PREP helps sell Pomona building
Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate the sale of a historic building in downtown Pomona. The Armstong Building at 150-196 E. Third St, and 345 S. Locust St. was purchased recently by the Western University of Health Sciences for $2.9 million, according to a statement on …
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IE Business Daily Business news for the Inland Empire.