A three-building industrial park in Jurupa Valley has been sold. Miramar Capital, a commercial real estate investment firm in Los Angeles, paid $86 million for the property at 4350, 4388 and 4420 Serrano Drive, according to CBRE. CBRE represented the seller, PreZero Recycling, in the transaction. “Serrano Industrial Park offers …
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The owner of more than 300 industrial outdoor U.S. storage sites has added an Inland Empire facility to its portfolio. Alterra IOS has purchased a 15.2-acre operation in Jurupa Valley that is fully leased and has a concrete yard and a 26,000-square-foot maintenance facility, according to a statement. Cost of …
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UC Riverside has received a $1.4 million grant from the University of California Administration that will be used to find ways to clean and reuse water for agriculture. The grant was presented recently to Professor Haizhou Liu, who teaches environmental engineering at UC Riverside, and a research team that will …
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Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate the sale of a McDonald’s restaurant in Texas. The double drive-thru in Aubrey, Texas near Dallas-Fort Worth sold recently for $2.6 million, according to a statement on Progressive’s website. Progressive represented the buyer, a Southern California-based investor whose name was …
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Moreno Valley is trying to make it easier to build accessory dwelling units. ADU For You provides residents with pre-approved plans for those units for free, which eliminates the need to hire an architect or a designer, according to a statement on the city’s website. The program will also speed …
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Inland Empire manufacturing ended 2024 on a down note. The region’s purchasing managers index in December was 42.5, down from 55.5 in November, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was the first time since July the index fell below 50, …
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IE Business Daily Business news for the Inland Empire.
