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Large industrial portfolio sold

A multi-tenant industrial portfolio in Redlands and Riverside has been sold. Combined, the properties total more than 212,000 square feet and sold for just under $16 million, according to CBRE Ontario, which arranged financing. The transaction was announced Tuesday. Davis Partners, an onsite property management company based in Newport Beach, …

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Demolition of former Broadway in Montclair begins

An estimated 250 people gathered Tuesday at Montclair Place to watch the start of demolition of the former Broadway building. At about 9:35 a.m., a wrecking ball smashed into the side of the 154,000-square-foot building on the mall’s east end, eliciting cheers, fireworks and multiple cell phone snapshots from the …

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San Bernardino to hold beautification events

Free Trees Available

Volunteers are being sought for two beautification events in San Bernardino. Both efforts – a citywide planting of 245 trees and a revitalization of Lyle Creek Park – will be be held April 21, Arbor Day, according to a statement on the city’s website. All volunteers will work with the …

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ALDI to open in Corona

Aldi Coming to Inland Empire

ALDI, the international discount grocery store chain, will open its first Corona store Thursday. The facility, at 705 N. Main St., will host a ribbon cutting ceremony scheduled to begin at 8 a.m., according to a company statement. After that, the first 100 customers in line will receive a “golden …

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Self-storage facility changes hands

A self-storage facility in Rialto has been sold for $4 million. Rialto Self Storage covers nearly 36,925 square feet at 2850 W. Foothill Blvd., according to CBRE Ontario, which helped negotiate the transaction. The facility, which has 374 self-storage units along with space for boats and recreational vehicles, is 97 …

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Agua Caliente tribe plans casino in downtown Cathedral City

City officials hope the project, along with some non-gaming development, turns their downtown into a destination location. Cathedral City is going to get into the casino business. In August, the city sold a 12-acre parcel at the northwest corner of East Palm Canyon and Date Palm drives to the Agua …

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