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OIA numbers keep climbing

OIA Passenger, Cargo Count Both Up

Passenger and cargo traffic at Ontario International Airport continued to climb in October, as the airport closes in on one of its best years in a decade. More than 455,000 passengers – arriving and departing – passed through the airport last month, nearly an 11 percent increase from October 2017, …

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Local group buys industrial building

Inland Empire Industrial Market

A 50,200-square-foot industrial building in Perris has been sold. The structure, at 150 W. Walnut St., changed hands for $5.7 million, according to a statement released by Avison Young, the global commercial real estate firm. Avison Young represented the seller, an owner-occupant identified as WWW 150 Perris LLC. The buyer, …

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Logistics property sells for record price

A Rancho Cucamonga warehouse has been sold, reportedly for the highest price paid this year for an Inland Empire industrial property. The 486,600-square foot building at 9050 Hermosa Ave. sold for nearly $70 million, or $147 per square foot, according to a statement. The buyer was Deutsche Wealth Services, the …

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Achieving Business Growth… It’s Not That Easy!

By Eugene E. Valdez AKA The Loan Doctor™ At least 90% of the CEO’s who hire me as their banking & financing consultant do so because they want to grow and they need bank capital to pull it off. Obtaining financing to achieve growth is one thing, executing and being …

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Walgreens opens lab testing centers

Walgreens, in partnership with North Carolina-based LabCorp, is introducing patient service centers at nine Inland Empire Walgreens. Four of the LabCorp at Walgreens have opened and the remaining five are expected to open by the end of the year, according to a statement released by both companies. Twenty six LabCorp …

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Murrieta gets energy-saving lights

Murrieta has become the first Riverside County city to receive thousands of energy-saving streetlights provided to them by the Western Riverside Council of Governments. The lights, which were installed earlier this month, are retrofitted with LED fixtures that reduce light pollution, improve public safety and save an estimated $60 million …

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