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Office market posts another strong quarter

Inland Empire office market continues to improve

The Inland Empire office market continued to improve during the second quarter, as net absorption rose while the region’s vacancy rate declined. The two-county region added 97,882 square feet of office space in April, May and June, according to data released Tuesday by CBRE Group Inc. Ontario. Corona absorbed the …

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Mortgage market continues to improve

Local, National Home Prices Continue to Increase

Four point eight percent of all mortgages in the United States were delinquent during April,  down 0.5 percent year over year, according to data released Tuesday. Also during April, the national foreclosure inventory rate – which measures the percentage of mortgages in some state of delinquency – was 0.7 percent, …

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Esri enhances its address converting software

ESRI Gets New Grant

Redlands-based Esri has made improvements to its World Geocoding service, a software that converts addresses into locations and locations into addresses. The upgrades include better address matching, easier ways to identify locations and better methods for identifying intersections on a map, according to a statement released Tuesday. The intersection improvements …

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Having merged, Cardenas looks to get bigger

Grocery Store Changes Hands

Fresh off its merger with a Northern California supermarket chain, Cardenas Markets is looking to expand. Although no sites have been selected, Ontario-based Cardenas expects to open a store in San Bernardino and Las Vegas within the next year, said Marco Robles, company spokesman. Cardenas announced its merger with Mi …

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More charges dropped in Colonies case

Colonies corruption trial

Five charges were dropped today in the Colonies Crossroads corruption trial, bringing to seven the number of charges that have been dismissed against the four defendants in the case. Judge Michael A. Smith three out all four charges related to misappropriation of public funds against developer Jeff Burum, former San …

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Yearly blood drive scheduled

Desert Blood Drive Scheduled

Palm Springs will participate in the annual Nine Cities Blood Drive Challenge. The event, scheduled for July 19, will be held from noon to 6 p.m. at the Palm Springs Unified School District Teachers Association Building, 180 N. Luring Dr., according to a statement. Walk-ins are accepted, but appointments are …

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