A senior community in San Bernardino has been sold for $7.2 million. The Mogharebi Group, a brokerage firm that specializes in multifamily properties in California, negotiated the sale of the Bernardine Senior Independent Living, a four-story, 71-unit complex, according to a statement. The buyer was an investment group in the …
Read More »Major industrial project gets started in Calimesa
An Orange County developer has broken ground on a 125-acre industrial project in Calimesa. Birtcher Oak Valley Commerce Center will consist of four industrial buildings that collectively will cover 2.2 million square feet, according to Birtcher Development in Newport Beach. The project, at Singleton and Roberts roads next to Interstate …
Read More »Western Dental opens Victorville office
Western Dental & Orthodontics, a company that provides oral health care to adults and children through Medi-Cal, has opened an office in Victorville. The downtown facility at 14678 Seventh St. is the third Western Dental facility in the High Desert and the 236th in California, according to a statement released …
Read More »Palm Springs International Airport has record June
Palm Springs International Airport accommodated 129,872 passengers in June, a 23 percent increase compared with June 2019 and a record for the sixth month of the year, according to a statement. The number of departing flights in June exceeded the number recorded in 2019 by 14 percent, and July and …
Read More »Inland industrial market stays red hot
If you want to know how popular e-commerce has become, look no further than the Inland Empire industrial market. Vacancy fell to 1.4 percent in the second quarter, the result of an increase in lease renewals and more aggressive first-time leasing, according to CBRE. Lease rates in the second quarter …
Read More »Palm Springs adds Vancouver fights
Flair Airlines, a discount carrier based in Edmonton, Alberta Canada, will begin offering flights from Palm Springs International Airport to Vancouver, British Columbia later this year. The twice-weekly flights are scheduled to begin in late October and operate during the valley’s tourist season, according to a statement. The flights will …
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IE Business Daily Business news for the Inland Empire.