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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The Inland Empire’s industrial market continued to perform well during the third quarter, though several sectors did record minor drops during that time. Average lease rates reached 51 cents during that three-month period, up an average of 10 cents year-over-year and higher than the peak years of 2007-08, according to …
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Stater Bros. will open its ninth store in Riverside, the company has announced. The facility will be located in a former Ralphs Supermarket at 315 E. Alessandro Blvd. in Mission Grove Plaza, according to a statement released Monday. The building, which covers 46,000 square feet, will undergo an extensive remodeling …
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IE Business Daily Business news for the Inland Empire.
