Scott R. Andrews has been appointed president and chief executive officer of Commerce Bank of Temecula Valley. Andrews’ appointment was announced Wednesday at the bank’s annual shareholders meeting, according to a statement. He was also elected the bank’s director. Andrews, who has worked in banking for more than 40 years, …
Read More »New Stater Bros. in Riverside
Stater Bros. will open a store in Riverside later this month. The facility, at 315 S. Alessandro Blvd., will be located in a former Ralphs market, according to Stater Bros. officials. Located in Mission Grove Plaza, the store will cover approximately 46,000 square feet. It’s scheduled to open with an …
Read More »Moreno Valley apartment complex fetches record price
An apartment community in Moreno Valley has sold for $10.7 million, reportedly a record price for an apartment complex in that market. The sale price for Baywood Villas, a 56-unit community at 22945 Bay Avenue, works out to $190,171 per unit or $196 per square foot, according to a statement …
Read More »Riverside to assist hurricane victims
Riverside’s public and private sector will gather to help victims of Hurricane Harvey and Hurricane Irma. “Riverside Gives” is scheduled to run from 6 a.m. to 6 p.m. Sept. 20 at the Riverside Convention Center at Fifth and Main streets in downtown Riverside, according to a statement on the city’s …
Read More »Big Lots to open DC in High Desert
Apple Valley will be home to one of five Big Lots distribution centers in North America. The 1.3-million-square-foot facility, which is expected to open during the first quarter of 2019, will be built on Johnson Road immediately south of the Walmart distribution center, according to a statement on the city’s …
Read More »Erwin jury deadlocks
The jury in the trial of James Erwin, the fourth and final defendant in the Colonies Crossroads corruption trial, have failed to reach a verdict San Bernardino County Superior Court Judge Brian McCarville declared a mistrial Wednesday after jurors reported they could not come to an agreement regarding the charges …
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IE Business Daily Business news for the Inland Empire.