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PSI breaks another monthly passenger record

Palm Springs International Airport

For the 11th time in the past year, Palm Springs International Airport has accommodated the most passengers it ever has in a given month. The airport’s passenger count in June was 142,524, a 9.7 percent increase compared with the previous record for June, which it set last year, according to …

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Carousel Mall to be torn down

carousel mall

After several months of debate, San Bernardino has decided to demolish Carousel Mall. The city council Wednesday voted 6-1 to level the abandoned downtown shopping mall next to Interstate 215 and begin to look for a demolition company, according to Councilman Juan Figueroa. Councilman Ben Reynoso cast the dissenting vote. …

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IE office market stays strong

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 …

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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 …

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State, local homes sales drop

U.S. home prices record annual decline

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. …

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