Rental rates of multifamily properties throughout the United States were flat in September, the first such drop in nearly one year. Average monthly rents last month were $1,219, a drop of $1 from August, according to Yardi Matrix, a commercial real estate research and data service that specializes in the …
Read More »WHITHER CHINA? Part 3
By John Tulac In this installment, I will identify several significant actions being taken by the Chinese government and how these impact U.S. businesses. Certain actions, trends or developments, could negatively impact any business dependent on China for any part of its supply chain. In the past year, China has …
Read More »Stater Water Conservation Slips
Californians were less diligent about saving water during August, as the state’s conservation rate fell below 20 percent. Statewide, residents used 17.7 less water during August than they did in August 2013, well below the 20 percent reduction they reached in July, the State Water Resources Control Board reported Wednesday. …
Read More »Riverside Restaurant Project Gets Green Light
The Riverside City Council on Tuesday voted in favor of a planned 15,000-square-foot project that will bring a variety of dining and grocery options to the city’s downtown. In a 6-0 vote, the council gave its approval to the “Mess Hall on Market Street,” according to the city clerk’s office. …
Read More »Moreno Valley, Amazon Form Partnership
Moreno Valley will help amazon.com with its local holiday retail hiring this year. Anyone interested in working with the online retail giant during the upcoming Christmas season may apply at amazon.com/iejobs, said Mike Lee, the city’s economic development director. All applications will be reviewed, and anyone qualified will be asked …
Read More »Corona Receives Economic Award
Corona has received a Bronze Excellence in Economic Development Award from the International Economic Development Council. The city was recognized for its business retention and expansion programs, according to a statement. The award, which recognizes programs that have been in place for at least three years, was presented Sept. 27 …
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