The Inland Empire office market held its ground during the third quarter of 2025. Vacancy was 5.5 percent, same as the second quarter despite a 27 percent slowdown in leasing caused by a decline in new listings of space, according to CBRE. That helped keep conditions tight and allowed landlords …
Read More »Long-anticipated Kaiser Permanente strike begins
Thousands of Kaiser Permanente healthcare workers walked off the job Oct. 14, beginning a five-day strike regarding safe staffing, equitable pay and benefits, and a stronger voice for frontline caregivers. The strike involves an estimated 31,000 pharmacists, nurse anesthetists, nurse practitioners, midwives, physician assistants, rehab therapists, speech language pathologists, dietitians …
Read More »U.S. consumers curbed their spending in September
Retail sales nationwide dipped slightly between August and September, mostly because of several months of back-to-school spending, according to the National Retail Federation. Total retail sales, not counting automobiles and gasoline, fell 0.6 percent month-over-month, the Washington, D.C.-based trade association reported. That number was seasonally adjusted. On a positive note, …
Read More »Retail sale completes breakup strategy
A retail property in Temecula that is home to a Fitness 19 has been sold for $9.8 million. The sale of the 30,057-square-foot parcel completes a four-parcel break-up strategy that began last year and now totals $26.46 million, according to SRS Capital Markets’ Newport Beach office. “We recommended (that approach) as …
Read More »CSUSB, UCR form program to promote AI education
Cal State San Bernardino and UC Riverside have started a five-year program aimed at preparing students for careers in artificial intelligence. Promoting Regional Opportunities for Practical and Engaged Learning in AI (PROPEL AI) is being paid for with a $1 million grant from the National Science Foundation, according to a …
Read More »High Desert bridges to be replaced
A Northern California construction company will replace several aging bridges in Amboy, an unincorporated community west of Needles in San Bernardino County. Watsonville Construction has secured a $24 million contract with the county to remove the decaying structures on Route 66, according to a company statement released Oct. 9. The …
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IE Business Daily Business news for the Inland Empire.