Garner Holt Productions, the Redlands company that makes animatronic devices used by amusement parks, is providing internships to Inland high school students. The company has partnered with the San Bernardino County Workforce Development Department to help local youth learn about potential careers in science, technology, engineering, arts, and math, according …
Read More »IE industrial market stays strong
The Inland Empire’s industrial market continued to soar during the third quarter, with lease rates on the rise and vacancy trending down, according to a report. Lease rates for industrial space in Riverside and San Bernardino counties in that three-month period averaged 59 cents per square foot, up from 53 …
Read More »Chipotle’s Morongo restaurant first on tribal land in California
Chipotle Mexican Grill has opened a restaurant on the Morongo Band of Mission Indians reservation. Tribal officials and representatives from the restaurant chain gathered Monday for a grand opening ceremony, according to a statement. This is the first Chipotle to be opened on tribal land in California. It’s also one …
Read More »Berkshire Hathaway residential division opens Beaumont office
Berkshire Hathaway HomeServices Perrie Mundy Realty Group has opened an office in Beaumont. The facility, at 1484 W. Second St., will operate as Berkshire Hathaway HomeServices California Realty, the same name it uses at its Riverside and Moreno Valley offices, according to a statement. The real estate brokerage’s Redlands headquarters …
Read More »Sears BK filing leads to two local closures
Two Inland Empire K-Marts will close as a result of Monday’s Chapter 11 bankruptcy filing by Sears Holdings Corp. The stores at 2530 S. Euclid Ave. in Ontario and 375 E. Alessandro Blvd. in Riverside are among the 142 stores nationwide – 65 Kmart and 77 Sears – that are …
Read More »Logistics building sold, will undergo expansion
An industrial building in Temecula has been sold. The 25,182-square-foot facility at 43223 Business Park Drive, which is vacant, sold for $2.6 million, according to a statement. Avison Young, a global commercial real estate firm headquartered in Toronto, represented both parties in the transaction. The buyer was Forum Capital LLC, …
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