A 64,000-square-foot retail center in Ontario has been sold. The property, at 404-426 N. Euclid Ave., covers nearly an entire city block in downtown Ontario, according to Progressive Real Estate Partners in Rancho Cucamonga, which represented both parties in the transaction. A New York-based private investor sold the property to …
Read More »Amazon announces two more Inland Empire fulfillment centers
Amazon announced Thursday that it plans to open fulfillment centers in Eastvale and Redlands, creating an estimated 2,000 full-time jobs. The Eastvale facility will cover one million square feet and handle smaller items such as books, electronics and toys, according to a statement. The Redlands operation will cover 750,000 square …
Read More »BofA to distribute nonprofit grants
Bank of America is accepting applications for grants intended for nonprofit organizations in the Inland Empire. The grants are designed to promote economic mobility, workforce development, education, shelter and hunger relief, according to a statement released Tuesday. Past recipients include Goodwill, Feeding America of Riverside and San Bernardino Counties and …
Read More »Industrial project underway
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 …
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