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OIA passenger count stays strong

OIA Passenger, Cargo Count Both Up

Passenger traffic at Ontario International Airport was up in September, the 13th consecutive month the airport has recorded growth in that category. That’s the longest period of sustained passenger growth since 2007, according to a statement released Wednesday by the Ontario International Airport Authority, which oversees day-to-day operations at the …

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Prime commercial property in Hesperia goes on the market

Progressive Real Estate Partners, one of the Inland Empire’s leading commercial real estate brokerages, is listing approximately 55 acres of prime commercial property in Hesperia. The first parcel, which covers 45 acres, is next to Interstate 15 and the Ranchero Road off-ramp/overpass, according to a statement posted on Progressive Real …

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Before you take the aspirin (business loan), figure out what is causing the headache (poor cash flow)

Eugene E. Valdez

By Eugene E. Valdez AKA The Loan Doctor™ Many of my clients hire me because they are suffering from “poor cash flow” and they think the solution is a business loan. There is a reason I call myself The Loan Doctor. My approach in serving clients is analogous to what …

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Alta Pacific posts solid quarter

AltaPacific Bank

Alta Pacific Bancorp has announced an income of nearly $3.9 billion, or 54 cents per share, for the first nine months of this year. The financial institution, the parent company of Alta Pacific Bank, had a net income of $875,000 – 13 cents per share – for the third quarter, …

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Corona gets grant to promote traffic safety

The Corona Police Department has received a $75,000 grant from the California Office of Traffic Safety, money the city will use to pay for a year-long effort – Drive 4 Life – designed to reduce traffic deaths. The grant, which was announced last week, will be used to fund educational …

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Industrial market stays strong

Inland Empire Industrial Market

Vacancy in the Inland Empire’s industrial sector dropped slightly during the second quarter, as absorption outperformed new product coming online, according to data released Monday. The two-county region’s industrial vacancy rate during the third quarter was 3.1 percent, down from 3.7 percent one year earlier, Newmark, Knight Frank reported. Average …

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