Monday , May 6 2024
Breaking News

Tag Archives: featured

RC shopping center changes hands

Thomas Winery Plaza, a 99,838-square-foot shopping center in Rancho Cucamonga, has been sold. The facility, which is anchored by a CVS Pharmacy, sold for $24 million, the largest amount paid for a retail property of that size in the Inland Empire so far this year, according to a statement. The …

Read More »

Nominations sought for top IE entrepreneurs

The Inland Empire Center for Entrepreneurship is accepting applications for the 2018 Spirit of Entrepreneur Awards. The awards, which recognize exceptional business acumen and innovation by companies in Riverside and San Bernardino counties, will be presented during a black-tie gala scheduled to be held Nov. 15 at the Riverside Convention …

Read More »

UCR department gets tech donation

The Center for Environmental Research and Technology at UC Riverside has receive $1 million worth of equipment and software used to test emissions produced by automobiles, trucks and large engines. AVL, a global automotive consulting firm that develops emissions-testing technology, made the donation so that the center can develop “the …

Read More »

City shutters oldest power provider

Riverside Public Utilities has closed down the city’s oldest electric substation. The Magnolia substation, located between the Central Avenue off-ramp of the eastbound 71 Freeway and a set of railroad tracks, had been providing power to Riverside residents since November 1949, according to a statement on the city’s website. All …

Read More »

Bank has solid quarter, year-to-date

AltaPacific Bank

AltaPacific Bancorp reported $1.3 million in net income, or 22 cents per share, for the second quarter of this year. The financial institution also had a year-to-date income of $2.4 million  – 39 cents per share – as of June 30, according to the company’s second quarter report, which was …

Read More »

Pair of San Bernardino retail properties sells

Two retail buildings at the University Town Center in San Bernardino have been sold for a combined $3.7 million. One property, at 4304 University Parkway, sold for $1.7 million to a private investor in Temecula whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga, which …

Read More »