Construction has begun on Columbia Business Park, a 1.4-million-square-foot in Riverside’s Hunter Industrial Park. The speculative project, which is being developed by Trammell Crow Co., will consist of three buildings on 72 acres near the Hunter Park/UC Riverside Metrolink Station, according to a statement released Wednesday. The first phase will …
Read More »The Brave New World of PR
By Lou Desmond The race for the White House was won by Donald Trump by savvy use of all of the tools the world of public relations has to offer. If you are in business, any business, they are tools you can and should also be using. By the way — …
Read More »National, local home prices continue to climb
Home prices in the United States, including distressed sales, were up 7.2 percent in December year-over-year. Prices were up a minuscule 0.8 percent compared with December, according to data released this week by CoreLogic in Irvine. In the Inland Empire, prices were up 6.1 percent in December year-over-year and 0.1 …
Read More »Upscale apartment project sells
Avison Young has completed the sale of a 206-unit apartment complex in Moreno Valley. Legends at Rancho Belago sold for $33.8 million to a group of private investors, according to a statement released Tuesday. The property at 13292 Lasselle St. was built in 1993 as a 40-unit condominium project. The …
Read More »Inland Empire second in mega-warehouses
E-commerce is creating a strong demand for large warehouse space throughout the United, States, and the Inland Empire is right in the middle of that trend. Between 2010 and 2016, 13 industrial buildings of one million square feet or more – covering 15.4 million square feet – were built in …
Read More »Riverside talks partnerships with sister city
Riverside is working on several potential agreements with Ensenada, Mexico, its sister city. Mayor Rusty Bailey and city council members met recently with a delegation from Ensenada to discuss projects the cities might work on, including educating deaf students to exporting Mexican seafood worldwide through the civilian part of March …
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