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NAIOP to hold midyear review

NAIOP Inland Empire Schedules Real Estate Tour.001

NAIOP Inland Empire will hold its annual midyear market review June 29 at the Ontario Convention Center. David Egan, America’s Head of Industrial Research at CBRE Group Inc., will deliver the main address, according to a statement released by NAIOP. Egan is CBRE’s primary national spokesman on industrial real estate. …

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Mortgage delinquencies fall, locally and nationally

“Underwater” Home Decline

Four point one percent of mortgages in the Inland Empire were delinquent during March, down from 4.8 percent year-over-year, according to data released Tuesday. Mortgages that were seriously delinquent – 90 days or more overdue – in Riverside and San Bernardino counties totaled 1.5 percent, down from two percent in …

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IE leads Southern California in logistics construction

QVC Opens Inland Empire Logistics Facility

The Inland Empire added 20.6 million square feet of industrial-logistical space and had another 16.7 million under construction during 2015, far outdistancing Los Angeles and Orange counties in those categories, according to a report released Monday. Much of that activity in Riverside and San Bernardino counties was driven by the …

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Palm Springs enforces vacation rental restrictions

Palm Springs has issued 185 citations for violations of its Vacation Rental Ordinance since the start of this year, including eight suspensions of rental permits and six that are being permanently revoked, according to a statement. The ordinance, which the city council approved in March after numerous complaints from residents, …

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Esri hooks up with defense laboratory

ESRI Gets New Grant

Esri in Redlands has entered into a research and development agreement with the U.S. Department of Energy’s Idaho National Laboratory. The agreement, which was announced last week, calls on both entities to develop ways to protect critical infrastructure and missions, according to a statement. Their work will also estimate possible …

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City recognized for innovation

Riverside has been named one of the top five U.S. cities for innovation by an online publication. Governing magazine, which covers state and local government nationwide, named Riverside one of the top “Equipt to Innovate” cities, according to a statement. The survey measures how well cities perform in strategic planning …

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