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Tag Archives: featured

Starbucks in Perris changes hands

A Starbucks Cafe & Drive-Thru in Perris has been sold for $4.8 million. Hanley Investment Group in Corona Del Mar represented the seller, Yellow Rose Ranch, LLC, according to a statement, Yellow Rose Ranch also developed the property at 3939 Ramona Expressway. The buyer was a private investor from Newport …

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Inland industrial vacancies rise slightly

IE manufacturing

The Inland Empire’s industrial market’s vacancy rate rose to 8.8 percent during the fourth quarter of 2025, a 1.1 percent year-over-year increase, according to a recent report. At the same time, the average monthly lease rate was $1.00 per square foot, a two-cent decrease from the previous quarter, and down …

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Retail sales spiked at end 2025

Holiday retail outlook is good, but not great

Retail sales nationwide surged during the last two months of 2025, as consumers continued to make holiday spending a priority despite some choppy economic waters. Sales from Nov. 1 through Dec. 31 grew 4.1 percent compared with the last two months of 2024, to a little more than $1 trillion, …

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Riverside launches downtown valet program

Riverside is trying to make it easier to move around and park within its downtown. The Downtown Valet Program is a six-month pilot that will make it easier for patrons of restaurants, entertainment venues and businesses in downtown Riverside to reach their destinations quickly, according to a statement on the city’s …

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UCR welcomes record number of first-year students

UCR receives Carnegie designation

Nearly 8,300 first-year and transfer students attended UC Riverside during the fall 2025 quarter, the largest entering class in the school’s 72-year history. UC Riverside also experienced the largest year-over-year increase in new student enrollment during last year’s fall quarter: from 6,690 in the fall of 2024 to 8,293 last fall, …

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Inland region added jobs in November

The Inland Empire recorded 5.4 percent unemployment in November, adding 18,400 non-agricultural jobs month-over-month, according to a report. California’s jobless rate during the next-to-last month of 2025 was also 5.4 percent, the state Employment Development Department reported. Both the local and state jobless numbers were unadjusted, meaning they don’t take …

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