A retail building that houses national and regional tenants has been sold. The property, which is part of the Hesperia Marketplace Shopping Center at Main Street and Escondido Avenue, sold recently for $8.5 million, according to Hanley Investment Group Real Estate Advisors in Corona Del Mar. Pacific Development Group in …
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CVB Financial Corp., the holding company of Citizens Business Bank, reported net income of $25.4 million for the third quarter, a drop of $2.5 million from the third quarter of 2015, the company has announced. Earnings per share for this year’s third quarter was 23 cents. That was the same …
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Avison Young, the commercial real estate firm, has negotiated a 15-year lease on behalf of 24 Hour Fitness in Riverside. HFC/PRP Madison LLC, the property’s owner, represented itself in the negotiations, according to a statement. Financial terms of the lease were not disclosed. The 38,000-square-foot facility is at 3490 Madison …
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Adelanto has approved a retail project that will be developed on 18 acres at the northeast corner of Highway 395 and Rancho Road. Rancho Plaza at 395 will cover a little less than 200,000 square feet and will include a service station, a three-story, 60-room hotel, drive-thru restaurants, office space …
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A Fort Worth-based homebuilder has purchased 36 lots in Highgrove, an unincorporated community in Riverside County next to Riverside. D.R. Horton, rated the largest homebuilder in the United States by the National Association of Home Builders every year since 2002, bought the property at Garfield and West Spring streets, said …
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The California Department of Health and Human Services will conduct a study of the potential health impacts of Riverside’s Ag Park project. The study is a response to a written request Riverside made to the department in March, according to a statement posted Monday on the city’s website. Health and …
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IE Business Daily Business news for the Inland Empire.
