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Moreno Valley wins League of Cities award

Trophy

Moreno Valley has been recognized by the League of California Cities for its efforts to get city businesses to hire Moreno Valley residents. The city recently received a Helen Putnam Award for Excellence from the league – one of 10 cities to receive that honor – for its Hire Mo-Val …

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Quartet of brokers jumps to CBRE

CBRE Ontario has hired four industrial brokers away from another agency. Nicholas Chang, Richard Lee, Justin Kuehn and Sione Fua, formerly with NAI Capital, have joined CBRE’s Inland Empire office, according to a statement released Oct. 14 by CBRE. Chang and Lee have both been given the title senior vice …

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State home sales drop despite favorable interest rates

State home sales continue to decline

Sales of existing single-family homes in California during September totaled 253,010, down 3.4 percent from August but up 5.1 percent year-over-year. Statewide, the median home price last month was $868,150, down 2.3 percent from the previous month but up 2.9 percent from in September 2023, the California Association of Realtors …

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ONT has record-setting September

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport just completed its best September in nearly 20 years. The airport accommodated 606,015 travelers last month, a nine percent increase compared with September 2023, the Ontario International Airport Authority reported. That total consisted of 575,513 domestic and 30,502 international customers. Domestic customers were up 10.7 percent, while …

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Walgreens announces store closings

Walgreens announces store closings

Walgreens will close 1,200 stores in the next three years, starting with 500 closings next year, the company has announced. The Deerborn, Ill.-based pharmacy chain will shutter about 14 percent of its U.S. locations and reassign most of the employees in those sites, according to multiple reports. Exact locations were …

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