The Inland Empire experienced the sixth-largest growth in apartment rents among major U.S. metropolitan markets during 2017, a report released Wednesday stated. Rents for new residents in Riverside and San Bernardino counties rose 4.7 percent last year, according to RealPage Inc., a real estate software and data analytics company based …
Read More »Manufacturing in the Inland Empire expanded for the twelfth consecutive month in December. The region’s purchasing managers index was 51 during the last month of 2017, one point above the 50 benchmark that denotes growth or no growth, the Institute of Applied Research and Policy Analysis at Cal State San …
Read More »
Ontario International Airport posted another sold month in November. Passenger traffic was up 8.5 percent, as the airport added more than 410,000 passengers compared with November 2016, according to a report. During the first 11 months of 2016, Ontario International served an estimated 4.1 million passengers, up 6.8 percent year-over-year. …
Read More »
CVB Financial Corp. recently announced a 14-cent per share cash dividend for the fourth quarter of 2017. The dividend, which was approved by the board of directors last month, is expected to be payable on or about Jan. 22, according to a statement. All shareholders of record as of Jan. …
Read More »
A national tool retailer will open a store in Victorville. Harbor Freight Tools, a family-owned chain based in Calabasas, will set up shop in a 27,330-square-foot retail building at 7th Street and La Paz Drive, according to Lee & Associates Commercial Real Estate Services. The site, at 14676 7th St., …
Read More »It’s just not coming back as fast as people connected with the market would like. Vacancy is still above 10 percent, although the region continues to post positive net absorption, albeit in small numbers. Two thousand and eighteen is likely to be more of the same. Will 2018 finally be …
Read More »
IE Business Daily Business news for the Inland Empire.
