The Inland Empire industrial market struggled during the third quarter, recording negative absorption and a drop in construction. Vacancy was 6.8 percent, unchanged from the second quarter, the first time in two years that number did not go up, according to CBRE. Eleven point six million square feet of industrial …
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Indio has started a support group for the city’s businesses. Indio Business Connect, which was announced Oct.1 at the State of the City gathering, will be paid for by the city, according to a statement on the city’s website. Open to all Indio-based businesses free of charge, the program will …
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AB 98, the bill that places strict restrictions on where warehouse-distribution projects can be built has been signed into law, but some of the bill’s opponents are determined to get it changed anyway. The law, which Gov. Gavin Newsom signed Sept. 29, is scheduled to take effect in 2026. From …
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The Inland Empire manufacturing sector is growing again. The two-county region’s purchasing managers index was 56.2 in September, up from the 51.3 index recorded in August, according to a report released Oct. 4 by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. More important than …
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Marissa Sanchez has been named Ontario International Airport’s chief capital development officer. Sanchez will oversee planning, design and construction at the airport, according to a statement on the airport’s website. Most recently, Sanchez spent 11 years working for the city of Dallas, where she was assistant director of infrastructure and …
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Steve McKinster has been named Riverside’s fire chief. A veteran of 29 years in fire service and 25 years with the Riverside Fire Department, McKinster is currently the department’s deputy fire chief, according to a statement on the city’s website. He is scheduled to take over as chief Oct. 10. …
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IE Business Daily Business news for the Inland Empire.
