Rochelle Clayton has been named San Bernardino’s deputy city manager. A San Bernardino native, Clayton has spent 30 years working for public agencies in the Inland Empire, most recently as Menifee’s assistant city manager, according to a statement on San Bernardino’s website. Clayton is scheduled to start work in her …
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After 42 year in business, 99 Cents Only Stores is calling it quits. The City of Commerce-based discount chain announced April 4 that it will close all of its 371 stores and phase out its business operations, according to a statement on the company’s website. All company-owned merchandise will be …
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Tesla Motors will build a collision service center in San Bernardino, the automobile maker’s first in the Inland Empire. The facility will be a partnership between Tesla and ViaWest Group, a Phoenix-based real estate-investment group, according to a statement released by the city April 4. The 30,000-square-foot collision center, approved …
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A retail property in Desert Hot Springs has been sold for $6.1 million. The 33,000-square-foot site at 13000-13160 Palm Drive is occupied by a multi-tenant shop building and two nearby offsite pads, one of which is occupied by Chase Bank, according to Progressive Real Estate Partners in Rancho Cucamonga. The …
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An 820,000-square-foot warehouse-distribution facility in Fontana has been sold for $197 million. EQT Exeter, a global firm that develops, leases and manages industrial properties, bought the Commerce Way Distribution Center from Manulife Investment Management, according to a statement. JLL helped arrange the sale of the 44-year-old project, which is at …
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Retail accounted for 55 million full and part-time jobs in the United States in 2022, enough to make up 26 percent of the U.S. workforce, according to a study. Retail also contributed $3 trillion to the U.S. economy in 2022, or 20 percent of the labor income – the amount …
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IE Business Daily Business news for the Inland Empire.
