The Inland Empire office market posted a strong second quarter, absorbing 178,784 square feet of space while its vacancy rate fell to 9.9 percent, the region’s lowest rate in 11 years according to data. Ontario, with 123,506 square feet, accounted for a little more than half of the Inland region’s …
Read More »By Eugene E. Valdez AKA The Loan Doctor Most of the privately owned businesses in the U.S. are defined as “microenterprises.” The definition of a microenterprise is generally a company generating annual sales in the $100M to $1,500M range with small loan needs of $10M to $50M. It is hard …
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A family-style pizza chain that does business primarily in Northern California is preparing a major expansion in the Inland Empire. Mountain Mike’s Pizza, which operates three Inland restaurants – in Chino, Rancho Cucamonga and Corona – will add more than 40 locations in Riverside and San Bernardino counties during the …
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A Shell gas station and convenience store in Chino has been sold. The facility, at 12510 Central Ave., sold recently for $2.9 million to a Corona-based private investor who operates multiple ARCO gas stations in the Inland Empire, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller was …
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FedEx Express will begin operating cargo flights into San Bernardino International Airport. The daily flights are scheduled to begin in October, the San Bernardino International Airport Authority and FedEx Express announced in a statement. The agreement between the two parties is for 10 years. Terms were not released, although the …
Read More »Montclair Business Center, a 96,300-square-foot facility at 4650 Arrow Highway, has sold for $13.7 million, according to a statement. Both the buyer and seller were private investment groups, according to Avison Young, the global commercial real estate firm that represented the seller in the negotiations. Built in 1980, the business …
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IE Business Daily Business news for the Inland Empire.
