Large warehouses in the Inland Empire are performing quite well, according to data released this week. The two-county region’s 0.4 percent vacancy rate among warehouses 200,000 square feet or larger was second only to Los Angeles County’s 0.2 percent in North America, according to CBRE. “The past year was a …
Read More »Board members to retire
Two board members at CVB Financial Corp. in Ontario, the holding company for Citizens Business Bank, have announced their resignations. Kristina M. Leslie and Marshall V. Laitsch, will retire from the boards of both financial institutions in May when their terms expire, according to a statement. Leslie was appointed to …
Read More »Cardenas promotes Sebastian
Darla Sebastian has been promoted to vice president of special projects by Cardenas Markets in Ontario. A Cardenas employee for two years, Sebastian has more than 20 years experience in retail management with an emphasis on eCommerce, supply chain, finance operations and store systems, according to a statement on the …
Read More »Morongo tribe donates $6.5 million to hospital
The Morongo Band of Mission Indians has donated $5.6 million to the San Gorgonio Memorial Hospital Foundation, money the hospital will use to enhance its stroke prevention program. The grant, the largest ever made to the foundation, will buy equipment and pay for facilities that will help the hospital to …
Read More »Fontana shopping center sold
CBRE has negotiated the sale of the Inland Empire Center in Fontana. The retail center, which covers nearly 310,000 square feet, sold for $70.5 million to to JH Real Estate Partners, Inc., a real estate investment company in Newport Beach, according to statement released today. The seller’s name was not …
Read More »Car Pros Kia comes to MoVal
Moreno Valley officials held a grand opening ceremony recently for the city’s newest automobile dealership. Car Pros Kia Moreno Valley has become the 11th best-selling Kia dealership in the United States since it opened at the Moreno Valley Auto Mall last May, according to a statement on the city’s website. …
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