A Sunnyvale company that makes commercial electric trucks is coming to Riverside. Voltu Motor Inc., whose vehicles are favored by many municipal governments, will establish its global headquarters in the city, according to Riverside and Voltu officials. The facility is expected to begin producing vehicles during the third quarter of …
Read More »Kohl’s to shut down San Bernardino fulfillment center
Kohl’s will close its E-commerce fulfillment center in San Bernardino this May. The 24-hour facility at 825 Central Ave., which has operated since 2010, will shut down when its lease expires, according to a statement on the company’s website. The department store chain also plans to close 27 underperforming stores …
Read More »Johnson named hospital’s chief financial officer
Zachary Johnson has been named chief financial officer of Temecula Valley Hospital. Johnson is in charge of budgeting, financial planning, revenue cycle management, and strategic fiscal initiatives, according to a statement on the hospital’s website. “I am thrilled to be joining the Temecula Valley Hospital team and to contribute to …
Read More »Medina joins Riverside County board
Jose Medina is the newest member of the Riverside County Board of Supervisors. A former state assemblyman, Medina was sworn in Jan. 7, the board’s first meeting of this year, according to a statement on the county’s website. Medina represents the first district, which includes Riverside, Perris and the unincorporated communities …
Read More »Industrial project sold
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 …
Read More »Outdoor industrial facility changes hands
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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