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A neighborhood retail center next to Riverside Plaza that recently underwent a major renovation has been sold. The property, at 3739-3747 Central Ave., changed hands for a little more than $4 million, Faris Lee Investments announced Thursday. Red Mountain Retail Group in Santa Ana, which revives underperforming shopping malls sold …

U.S. monthly rents rose 2.4 percent in August year-over-year, to an average of $1,352, according to a report. Gains in rent slowed somewhat during the summer, mostly because of a slowdown in multifamily construction, Yardi Matrix reported. Yardi Matrix, which conducts research for the apartment industry, revised its prediction for …

Perris residents will be able to dispose house, garage and backyard waste at the city’s “Fall 2017 Cleanup,” scheduled to be held Sept. 16. The event will be held from 7 a.m to 2 p.m. at the Orange Empire Railway Museum, 2201 S. A St., according to a statement on …

Palm Springs is scheduled to hold its annual State of the City address Sept. 19. Mayor Robert Moon will begin his remarks at 5:30 p.m. in the Annenberg Theatre at the Palm Springs Art Museum, 101 Museum Drive, according to a statement. The Palm Springs Chamber of Commerce will host …

Manufacturing in the Inland Empire continued to grow during August. The region’s purchasing managers index was 61 last month, up from 58.3 in July, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was the eighth consecutive month the …

Home prices in Riverside and San Bernardino counties rose 6.8 percent in July compared with July 2016, according to data released Tuesday. Month-over-month, there was a price increase in the two-county region but nowhere near as dramatic: only one percent, Irvine-based CoreLogic reported. The Inland housing market practically mirrored the …