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Building materials company leases Fontana industrial building

Third-party logistics company lands in Fontana

A maker of construction materials has leased a 119,000-square-foot industrial building in Fontana. Tremco Inc., a subsidiary of Tremco Construction Products Group in Beachwood, Ohio, has signed a 10-year lease on the property at 7630 Cherry Ave. and will use it mostly for distribution, according to Dermody Properties, the property’s owner. …

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Hesperia shopping center changes hands

Sold Sign

Eagle Plaza, a retail center in Hesperia, has sold for $5.4 million. The 40,000-square-foot property at 15776 Main St. was sold by a local private investor whose name was not released, CBRE announced Monday. CBRE represented the seller. Information about the buyer was not disclosed. Tenants include a donut shop, …

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Office tenants still getting free rent

Despite a relatively strong economy, landlords continue to offer free rent in order to secure long-term office deals. On average, owners of office space nationwide agreed to 12.5 months of free leasing on deals signed during the first quarter of 2021, a 29 percent increase year-over-year, according to CBRE. Tenant-improvement …

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Hildebrandt named WEBB’s CSO

Scott Hildebrandt has been named chief strategy officer at Albert A. Webb Associates, a Riverside civil engineering firm. The first person in the history of the company to hold that title, Hildebrandt will provide input and ideas to WEBB”s executive committee, which develops strategies and establishes policy, according to a …

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Senate bill has homebuilding industry up on its heels

housing market

SB-12, is intended to keep single-family homes out of areas deemed a high risk for fires, according to its proponents. But its foes see the bill as yet another example of bureaucratic overreach on the part of Sacramento lawmakers that could deliver a crippling blow to the state’s housing industry.   …

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Vaccine clinic opens at outlet mall

A new vaccine clinic opened this week at the Outlets at Lake Elsinore. The clinic, operated by Curative, replaces a drive-up clinic at the Lake Elsinore Diamond Stadium operated by the Riverside County Public Health Department, according to a statement on the department’s website. “We are so thankful to the …

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