California’s chronic housing shortage was a main topic of conversation Thursday at a luncheon sponsored by the Baldy View chapter of the Building Industry Association of Southern California. The event was the chapter’s second annual education summit, which is dedicated to discussing how schools in San Bernardino County are impacted …
Read More »Retail center adds tenants
Perris Marketplace, a neighborhood retail center anchored by a Super Walmart, is now fully occupied. Baskin Robbins, Jamba Juice and Daniel’s Jewelers all recently signed leases to locate at the facility at 1700 N. Perris Blvd. near Interstate 215, according to Progressive Real Estate Partners. Details of the leases, which …
Read More »Retail property in Riverside sells
A neighborhood retail center next to Riverside Plaza that recently underwent a major renovation has been sold. The property, at 3739-3747 Central Ave., changed hands for a little more than $4 million, Faris Lee Investments announced Thursday. Red Mountain Retail Group in Santa Ana, which revives underperforming shopping malls sold …
Read More »Local, national rental rates rise
U.S. monthly rents rose 2.4 percent in August year-over-year, to an average of $1,352, according to a report. Gains in rent slowed somewhat during the summer, mostly because of a slowdown in multifamily construction, Yardi Matrix reported. Yardi Matrix, which conducts research for the apartment industry, revised its prediction for …
Read More »City to hold waste disposal
Perris residents will be able to dispose house, garage and backyard waste at the city’s “Fall 2017 Cleanup,” scheduled to be held Sept. 16. The event will be held from 7 a.m to 2 p.m. at the Orange Empire Railway Museum, 2201 S. A St., according to a statement on …
Read More »Palm Springs to hold state of city
Palm Springs is scheduled to hold its annual State of the City address Sept. 19. Mayor Robert Moon will begin his remarks at 5:30 p.m. in the Annenberg Theatre at the Palm Springs Art Museum, 101 Museum Drive, according to a statement. The Palm Springs Chamber of Commerce will host …
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IE Business Daily Business news for the Inland Empire.