An apartment complex in Menifee has sold for $6.5 million. The 34-unit community at 28378 Encanto Drive was purchased recently by a private investor whose name was not released. The seller also wished to remain anonymous. CBRE represented both parties. Built in 1992, the complex is on nearly three acres. …
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Now comes the hard part: coming up with a plan that is likely to work. Nothing less than the future of the city’s downtown is at stake. After more than 20 years of false starts, missed opportunities and renovation plans that didn’t pan out, San Bernardino may finally be ready to …
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Finally, some good news regarding passenger traffic at Ontario International Airport. The airport, hit hard by COVID-19, accommodated close to 260,000 passengers in March, an 11 percent year-over-year increase, according to data released Wednesday. The airport has regained more than half the passengers it has lost during the pandemic, which …
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The California State Teachers’ Retirement System has purchased an 11-building industrial portfolio in the Inland Empire for $320 million. Forty five percent of the properties are either leased or their owners have agreed to terms, according to a statement released by Crow Holdings, a Dallas real estate investment and development …
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Brian T. Mauntel has been named president of Citizens Business Bank. A banking executive for nearly 30 years with an emphasis on commercial and business lending, Mauntel will oversee the Ontario-based bank’s specialty lending groups and 57 financial centers, according to a statement on the bank’s website. He is scheduled …
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Nicole Freeman has been named Chino Hills’ public information officer. A Chino Hills native, Freeman will be the city’s primary media liaison and will represent it at community events and meetings, according to a statement on the city’s website. “Nicole knows the city well and will be a great addition …
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IE Business Daily Business news for the Inland Empire.
