Eagle Plaza, a retail center in Hesperia, has sold for $5.4 million. The 40,000-square-foot property at 15776 Main St. was sold by a local private investor whose name was not released, CBRE announced Monday. CBRE represented the seller. Information about the buyer was not disclosed. Tenants include a donut shop, …
Read More »Office tenants still getting free rent
Despite a relatively strong economy, landlords continue to offer free rent in order to secure long-term office deals. On average, owners of office space nationwide agreed to 12.5 months of free leasing on deals signed during the first quarter of 2021, a 29 percent increase year-over-year, according to CBRE. Tenant-improvement …
Read More »Hildebrandt named WEBB’s CSO
Scott Hildebrandt has been named chief strategy officer at Albert A. Webb Associates, a Riverside civil engineering firm. The first person in the history of the company to hold that title, Hildebrandt will provide input and ideas to WEBB”s executive committee, which develops strategies and establishes policy, according to a …
Read More »Senate bill has homebuilding industry up on its heels
SB-12, is intended to keep single-family homes out of areas deemed a high risk for fires, according to its proponents. But its foes see the bill as yet another example of bureaucratic overreach on the part of Sacramento lawmakers that could deliver a crippling blow to the state’s housing industry. …
Read More »Vaccine clinic opens at outlet mall
A new vaccine clinic opened this week at the Outlets at Lake Elsinore. The clinic, operated by Curative, replaces a drive-up clinic at the Lake Elsinore Diamond Stadium operated by the Riverside County Public Health Department, according to a statement on the department’s website. “We are so thankful to the …
Read More »Stater Bros. donates apples
Stater Bros. Markets has donated nearly 20,000 pounds of apples to Feeding America/Riverside-San Bernardino Counties. The donation ensures that local food banks will be well-stocked with fresh produce, according to a statement released today. Stater Bros., the largest private employer in the Inland Empire, made the donation as part of …
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