The owner of more than 300 industrial outdoor U.S. storage sites has added an Inland Empire facility to its portfolio. Alterra IOS has purchased a 15.2-acre operation in Jurupa Valley that is fully leased and has a concrete yard and a 26,000-square-foot maintenance facility, according to a statement. Cost of …
Read More »UCR gets wastewater grant
UC Riverside has received a $1.4 million grant from the University of California Administration that will be used to find ways to clean and reuse water for agriculture. The grant was presented recently to Professor Haizhou Liu, who teaches environmental engineering at UC Riverside, and a research team that will …
Read More »Progressive brokers out-of-state McDonald’s sale
Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate the sale of a McDonald’s restaurant in Texas. The double drive-thru in Aubrey, Texas near Dallas-Fort Worth sold recently for $2.6 million, according to a statement on Progressive’s website. Progressive represented the buyer, a Southern California-based investor whose name was …
Read More »MoVal looks to speed up “granny unit” construction
Moreno Valley is trying to make it easier to build accessory dwelling units. ADU For You provides residents with pre-approved plans for those units for free, which eliminates the need to hire an architect or a designer, according to a statement on the city’s website. The program will also speed …
Read More »IE manufacturing suffers major one-month decline
Inland Empire manufacturing ended 2024 on a down note. The region’s purchasing managers index in December was 42.5, down from 55.5 in November, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was the first time since July the index fell below 50, …
Read More »Eight-building apartment complex underway in Ontario
Construction has begun on a 346-unit apartment complex in Ontario. Legacy Partners in Foster City, which specializes in multifamily projects, and DWS Group, a global asset management company, are developing Legacy Ontario at 2510 S. Euclid Ave., according to a statement. The project will consist of eight, three or four-story …
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