Friday , January 10 2025

Tag Archives: featured

Office campus sold

Newmark Grubb Knight Frank has completed the sale of Empire Towers I-IV, an office development in Ontario. The complex, which covers 400,976 square feet, sold for $78.5 million, according to a statement released Tuesday. The seller was a joint venture between CIP Real Estate in Irvine and Guggenheim Partners LLC, …

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Future Ontario restaurant is hiring

local businesses to hire

Big Al’s, the sports bar and entertainment-themed restaurant that will open in Ontario next month, is looking to hire. The Vancouver, Wash.-based chain plans to hire 170 people between now and March 16, the day its Ontario facility is scheduled to open, said Todd Moore, Big Al’s chief operating officer. …

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Housing market starts 2017 strong

Southern California Housing Continues to Shine

California’s housing market got off to a solid start in January. Single-family home sales totaled 420,100 during the first month of the year, up 2.1 percent compared with December and 4.4 percent year-over-year, according to the California Association of Realtors. The median price of a single-family home last month was …

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Major mattress maker coming to Moreno Valley

Serta Simmons Bedding LLC

Serta Simmons Bedding LLC, a leading manufacturer and distributor of mattresses, will open a manufacturing facility in Moreno Valley sometime this year. The Atlanta-based company is undertaking a $100 million-plus expansion that calls for construction of four manufacturing operations, according to a statement. The other three facilities will be built …

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Housing affordability remains steady

Inland Empire Housing Prices Signal Trouble.001

Thirty one percent of California households could afford to buy a median-priced home – $511,360 – during the fourth quarter of 2016, according to the California Association of Realtors. That percentage was unchanged from the third quarter but was up 30 percent year-over-year, the association reported, the Los Angeles-based association …

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Montclair Place finally getting its much-needed facelift

Montclair Plaza

The regional mall, which turns 50 next year, will be getting two sit-down restaurants, a relocated food court and some extra space to work with after it demolishes a former anchor-tenant building. It will also rearrange its tenant mix and makes some other changes. The question is, will those moves …

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