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Rental Rates Drop Nationally, Rise Locally

Apartment complex changes hands

Rental rates of multifamily properties throughout the United States were flat in September, the first such drop in nearly one year. Average monthly rents last month were $1,219, a drop of $1 from August, according to Yardi Matrix, a commercial real estate research and data service that specializes in the …

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WHITHER CHINA? Part 3

John Tulac

By John Tulac In this installment, I will identify several significant actions being taken by the Chinese government and how these impact U.S. businesses. Certain actions, trends or developments, could negatively impact any business dependent on China for any part of its supply chain. In the past year, China has …

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Stater Water Conservation Slips

Water Getting Expensive in Inland Empire

Californians were less diligent about saving water during August, as the state’s conservation rate fell below 20 percent. Statewide, residents used 17.7 less water during August than they did in August 2013, well below the 20 percent reduction they reached in July, the State Water Resources Control Board reported Wednesday. …

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Riverside Restaurant Project Gets Green Light

Riverside Restaurant Project Gets Green Light

The Riverside City Council on Tuesday voted in favor of a planned 15,000-square-foot project that will bring a variety of dining and grocery options to the city’s downtown. In a 6-0 vote, the council gave its approval to the “Mess Hall on Market Street,” according to the city clerk’s office. …

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Moreno Valley, Amazon Form Partnership

Amazon coming to Moreno Valley

Moreno Valley will help amazon.com with its local holiday retail hiring this year. Anyone interested in working with the online retail giant during the upcoming Christmas season may apply at amazon.com/iejobs, said Mike Lee, the city’s economic development director. All applications will be reviewed, and anyone qualified will be asked …

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Corona Receives Economic Award

Local Company Receives Award.002

Corona has received a Bronze Excellence in Economic Development Award from the International Economic Development Council. The city was recognized for its business retention and expansion programs, according to a statement. The award, which recognizes programs that have been in place for at least three years, was presented Sept. 27 …

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