Sunday , February 23 2025
Breaking News

Tag Archives: featured

MoVal welcomes job assistance office

Moreno Valley has opened the Moreno Valley Business & Employment Center, which provides assistance to jobseekers, small businesses, and local employers. The office, part of the America’s Job Center of California program, was opened recently with a ribbon-cutting ceremony attended by Mayor Yxstian Gutierrez and the city council, according to …

Read More »

San Manuel tribe to purchase Las Vegas casino

The San Manuel Band of Mission Indians has agreed to purchase the Palms Casino Resort in Las Vegas. Closed for more than a year because of COVID-19, the casino will change hands for $650 million, according to a statement released today by Red Rock Resorts, the casino’s owner. The transaction …

Read More »

Building materials company leases Fontana industrial building

Third-party logistics company lands in Fontana

A maker of construction materials has leased a 119,000-square-foot industrial building in Fontana. Tremco Inc., a subsidiary of Tremco Construction Products Group in Beachwood, Ohio, has signed a 10-year lease on the property at 7630 Cherry Ave. and will use it mostly for distribution, according to Dermody Properties, the property’s owner. …

Read More »

Hesperia shopping center changes hands

Sold Sign

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 »