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On The Move

David Justice has been promoted to executive vice president of the Redlands-based Alta Vista Credit Union. For the past two years, Justice has been Alta Vista’s vice president of lending, where he has overseen lending, collections and marketing, according to a statement. “Under David’s leadership, Alta Vista has had stellar …

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On The Move

Julia Gouw has been named to the Ontario International Airport Commission. Gouw, former president and chief operating officer of Pasadena-based East West Bank, replaces Lucy Dunn, who resigned in July after serving for five years, according to a statement. “We could not be happier to welcome Julia to the commission,” …

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State housing shortage discussed

Economic conference scheduled

California’s chronic housing shortage was a main topic of conversation Thursday at a luncheon sponsored by the Baldy View chapter of the Building Industry Association of Southern California. The event was the chapter’s second annual education summit, which is dedicated to discussing how schools in San Bernardino County are impacted …

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Retail center adds tenants

Inland retail shows growth

Perris Marketplace, a neighborhood retail center anchored by a Super Walmart, is now fully occupied. Baskin Robbins, Jamba Juice and Daniel’s Jewelers all recently signed leases to locate at the facility at 1700 N. Perris Blvd. near Interstate 215, according to Progressive Real Estate Partners. Details of the leases, which …

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Retail property in Riverside sells

Retail Building Sells

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 …

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Local, national rental rates rise

Inland apartments part of major transaction

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 …

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