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Industrial building sells, will be enlarged

An industrial building in Riverside has been sold. The structure, at 7145 Arlington Ave., sold recently for an estimated  $17.8 million, according to a statement. CBRE Group Inc. represented the seller, The Abbey Company, a privately held real estate investment and management firm in Garden Grove. The buyer, whose name …

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Speaker series scheduled

Three Democratic gubernatorial candidates – former Los Angeles Mayor Antonio Villaraigosa, State Treasurer John Chiang and Lt. Gov. Gavin Newson – will headline the Inland Empire Economic Partnership’s 2017 Speaker Series. Villaraigosa is scheduled to begin the three-day event April 28 at The DoubleTree by Hilton Hotel Ontario Airport, followed …

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Summer entertainment scheduled

Ontario Town Square has announced the line-up for The Summer Series of 2017. Every Wednesday and Friday from May 31 thru August 18 the community is invited to attend events at Ontario Town Square, which is operated by the Ontario Convention Center. Concerts are held on Wednesdays movies on Fridays. …

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Office market healthier than previously thought

Local office market treads water

A report says the Inland Empire has absorbed more space than Los Angeles and Orange County since the recession ended in 2010. While it’s not a full-fledged recovery, it’s at least a piece of good news. The Inland Empire office market might be in better shape than previously reported. No, …

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Major ski resort to be sold

Mammoth Resorts, which operates four of California’s most best-known ski resorts, has agreed to be purchased. Aspen Skiing Co. and KSL Capital Partners, a Denver-based private equity firm, will buy Mammoth Resorts for an undisclosed sum, according to multiple reports. Terms of the deal are expected to be completed this …

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Local entity partners with NASA

The TriTech Small Business Development Center, which is part of the Riverside Community College District, has entered into an agreement with NASA that both parties hope will create economic development. The Space Act Agreement, which is scheduled to be signed during a ceremony today at the district’s Rooftop Terrace in …

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