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Multi-tenant retail building sells for record price

Inland Empire Retail Properties Sold

A multi-tenant retail building in Ontario that is part of a retail project anchored by a Walmart Supercenter has been sold. The property, which covers 6,786 square feet, sold for $5.9 million to a private investor in Irvine whose name was not disclosed, according to a statement released today by Hanley Investment …

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IE campuses part of ITT Tech closings

IE campuses part of ITT Tech closings

ITT Technical Institutes is shutting down all of its schools nationwide, including its Inland Empire campuses in Corona and San Bernardino, officials announced today. The closures, which were effective immediately, will impact more than 35,000 students and an estimated 8,000 employees, according to a statement released by ITT Educational Services …

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Riverside to remember 9/11

Riverside to remember 9/11

Riverside will mark the 15th anniversary of the 9/11 terrorist attacks Sunday with its annual “Day of Service.” The event, which will be held at the Ronald O. Loveridge Plaza at City Hall, 3900 Main St., will begin at 8:30 a.m. with music from the UC Riverside Pipe Band, according …

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The High Desert Mavericks will soon be no more

City Terminates Stadium Lease with Baseball Team

A dispute regarding its stadium lease will cause the Single-A team, which has called Adelanto home since 1991, to be disbanded when this season ends. Some people in the High Desert aren’t happy about that.  Sometime this month, the High Desert Mavericks will play their last game at Heritage Field …

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U.S. add jobs, unemployment rate stays flat

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 151,000 jobs in August, a respectable number but not enough to move the unemployment rate, which remained at 4.9 percent for the third month in a row. An estimated 7.8 million people were unemployed last month, essentially unchanged from September, the U.S. Bureau of Labor Statistics …

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Inland bank to merge

Bank To Merge

Commerce Bank of Temecula Valley and AltaPacific Bancorp in Santa Rosa will merge. AltaPacifica will acquire Commerce Bank for approximately $15.9 million in cash and stock, creating a financial institution with approximately $430 million in assets, according to a statement. When the merger is complete, the Commerce Bank branch will …

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