The Inland Empire industrial market held steady during third quarter, posting increases in absorption and lease rates and maintaining its second quarter vacancy rate, according to data released Oct. 8. The region absorbed three million square feet of industrial space during the third quarter, a “strong rebound” from the second …
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Menifee is seeking public comment regarding the planned 10.4-acre Quail Valley Nature Park. The park, which will be developed in the Quail Valley community near Newport Drive, will include walking trails, interactive play areas, an exercise station, gathering spaces, nature-themed playground equipment, and a gravel parking lot, according to a statement …
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An estimated 56,000 home purchases were canceled nationwide in August, according to a report released Oct. 7. That was 15 percent of the homes that were under contract to change owners, up from 14.3 percent year-over-year, and the highest August cancellation rate since 2017, Seattle-based Redfin reported. “Home purchases are falling …
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California’s economy is slowing down. Unemployment is rising, growth has cooled, housing is still too expensive and difficult to build, and energy prices are higher than in most parts of the country, according to Beacon Economics in Los Angeles. That’s not to say California is not relinquishing its status as …
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Palm Springs has paid $5.9 million to survivors and descendants of Section 14, a one-square-mile parcel from which African American and Latino resident were unfairly evicted during the 1950s and 1960s. The settlement fulfills the agreement approved by the city council in November, and resolves a decades-long dispute regarding the city’s …
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Raisa Alvarado, an assistant professor of communications and media at Cal State San Bernardino, has received two awards from the National Communication Association. Alvarado has won the Pedagogy Award from the association’s activism and social justice division, and the Scholar Activist Award from its feminist and gender studies division, according …
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IE Business Daily Business news for the Inland Empire.
