CBRE Ontario has hired four industrial brokers away from another agency. Nicholas Chang, Richard Lee, Justin Kuehn and Sione Fua, formerly with NAI Capital, have joined CBRE’s Inland Empire office, according to a statement released Oct. 14 by CBRE. Chang and Lee have both been given the title senior vice …
Read More »State home sales drop despite favorable interest rates
Sales of existing single-family homes in California during September totaled 253,010, down 3.4 percent from August but up 5.1 percent year-over-year. Statewide, the median home price last month was $868,150, down 2.3 percent from the previous month but up 2.9 percent from in September 2023, the California Association of Realtors …
Read More »ONT has record-setting September
Ontario International Airport just completed its best September in nearly 20 years. The airport accommodated 606,015 travelers last month, a nine percent increase compared with September 2023, the Ontario International Airport Authority reported. That total consisted of 575,513 domestic and 30,502 international customers. Domestic customers were up 10.7 percent, while …
Read More »Walgreens announces store closings
Walgreens will close 1,200 stores in the next three years, starting with 500 closings next year, the company has announced. The Deerborn, Ill.-based pharmacy chain will shutter about 14 percent of its U.S. locations and reassign most of the employees in those sites, according to multiple reports. Exact locations were …
Read More »State grant will help County deal with homeless encampment
San Bernardino County has received an $11 million state grant that it will use to remove a large homeless encampment in San Bernardino. The funds will help the county’s Office of Homeless Services relocate homeless people in the Highland Avenue Corridor, which runs parallel to the Foothill Freeway in San …
Read More »New skate park for Perris
Perris has opened a skate park at Paragon Park. A ribbon-cutting ceremony attended by Mayor Michael M. Vargas, City Manager Clara Miramontes and other city dignitaries was held Oct. 10, according to a statement on the city’s website. The $2.2 million project covers 15,000 square feet and includes in-ground bowls …
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