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IE apartments rents go up

Apartment complex changes hands

U.S. apartment rents grew 2.9 percent during the third quarter, according to data released Wednesday. That was a .4 percent increase from the second quarter, reversing – at least for the moment –  a trend of slowing price increases that began in 2015, reported RealPage Inc, a Texas-based real estate …

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Grand opening for Riverside Food Lab planned

The Riverside Food Lab, a group of 14 restaurants and bars in the heart of downtown, will launch its grand opening weekend Oct. 4. A ribbon-cutting ceremony that will feature Mayor Rusty Bailey and city council members is scheduled to be held at 5:30 p.m. at 3605 Market St., according …

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Housing market slows amid rising prices

Southern California home sales continued to fall  in August while prices in the six-county market rose to near-record highs. Sales of homes and condominiums fell 8.1 percent last month compared with August 2017, according CoreLogic, the Irvine-based real estate research firm. That follows a stagnant market in July and an …

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SB company to increase its production

Country Archer Jerky Co. will more than double the production at its San Bernardino headquarters. The company has secured $10 million in capital from Monogram Capital Partners, a Los Angeles-based private equity firm that specializes in retail clients, according to a statement released Tuesday. This is the third time Monogram …

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IE posts major growth in logistics jobs

Temecula Adds Jobs

Transportation and warehouse jobs grew by 46.8 percent in the Inland Empire from 2013 through 2017, according to data released Monday. That was the second-highest growth rate among submarkets, topped only by Charlotte, N.C., which grew by 56.8 percent during that time, CBRE reported. Central California – 45.7 percent – …

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Auto Club Speedway announces partnership

Auto Club Speedway in Fontana has partnered with TEC Equipment, the largest Mack and Volvo Dealership in North America. The agreement, announced recently, calls for TEC Equipment to host a client event at the speedway this fall and to hold a gathering for the speedway’s youth program, Lefty’s Kids Club, …

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