A shopping center in Murrieta has been sold. Bella Piazza, a 28,000-square-foot facility at Murrieta Hot Springs Road and Jackson Avenue, sold for $10.1 million, said Jerry Palmer, senior vice president with WestMar Commercial Real Estate in Temecula. The transaction, which took several months to complete, was announced Monday. Palmer …
Read More »Report shows IE economy growing
The Inland Empire economy is finishing 2017 on a strong note, with employment up and the region’s population also growing. Riverside and San Bernardino counties combined experienced year-over-year job growth of three percent in October, twice the growth rate of California during that month, according to a recent study by …
Read More »Airport to provide extra holiday parking
Palm Springs International Airport is again offering extra parking during the holiday season, in anticipation of increased traffic. Starting Friday, an ancillary parking lot will be available on Kirk Douglas Way, which runs west of the airport, according to a statement on the city’s website. Cost is $15 per day, …
Read More »City upgrades wastewater plant
Riverside has completed the largest public works project in the city’s history, a multi-million dollar renovation of its wastewater treatment plant. The high-tech project, which city officials marked with a ribbon-cutting ceremony, took nearly five years to complete. It included installing new equipment and adjusting some treatment techniques, according to …
Read More »Industrial building sold
A 60,000-square-foot industrial building in Temecula has been sold and will be used for manufacturing and distribution. The structure sits on 1.2 acres about one mile from the Winchester Road on/off ramp, according to the San Diego office of Avison Young, a commercial reals estate brokerage. Avison Young represented the …
Read More »IE business stories recap
The Colonies Crossroads trial, the closing of Carousel Mall and the revival of Ontario International Airport were among the top Inland Empire business stories of 2017. Twenty seventeen was the year the largest and most publicized corruption trial in the history of the Inland Empire, if not all of California, …
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