A three-building commercial center in Yucaipa has been sold for $7 million. The Tower Plaza Commercial Center, a 39,422-square-foot facility at 34590–34664 County Line Road, was sold by one Inland Empire investor to another Inland Empire investor, according to Progressive Real Estate Partners in Rancho Cucamonga. Both parties wished to …
Read More »Upland office building sold
A three-story office building in Upland has been sold for $9 million. Stewart Plaza, a 46,527-square-foot Class A structure at 440 North Mountain Ave., was sold by Stewart Plaza Owner LLC, according to CBRE. The buyer was a local investor and a medical group, both of which wished to remain …
Read More »Holiday sales forecasts are a mixed bag
Two of the nation’s largest retail trade organizations are making lukewarm predictions regarding the upcoming holiday season and how much U.S. consumers are likely to spend, amid concerns about tariffs, inflation and a slowing job market. Shoppers will spend an average of $890.49 per person on Christmas, Hanukkah or Kwanza …
Read More »Canceled home-buying contacts are on the rise
Fifteen percent of the home-buying contracts in the United States – approximately 53,000 homes – were canceled in September, according to a report. That practice, known as ghost selling, was up from 13.6 percent in September 2024, Seattle-based Redfin reported. Riverside recorded the sixth-largest rate, 17.9 percent, essentially unchanged year-over-year. …
Read More »Peterson to deliver Hemet’s state of the city
Hemet Mayor Jackie Peterson will deliver the state of the city address Nov. 6 at the Hemet Public Library. The theme of this year’s address is “Where Heritage Meets Progress,” according to a statement on the city’s website. The event typically brings together residents, business owners, and community leaders. Peterson …
Read More »Lopez named San Bernardino city clerk
Telicia Lopez has been appointed San Bernardino’s city clerk. The city’s chief deputy clerk since 2021, Lopez began her career with San Bernardino in 2003, most of that in the city clerk’s office, according to a statement released by the city. Mayor Helen Tran and the city council approved Lopez’s …
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