An 820,000-square-foot warehouse-distribution facility in Fontana has been sold for $197 million. EQT Exeter, a global firm that develops, leases and manages industrial properties, bought the Commerce Way Distribution Center from Manulife Investment Management, according to a statement. JLL helped arrange the sale of the 44-year-old project, which is at …
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Retail accounted for 55 million full and part-time jobs in the United States in 2022, enough to make up 26 percent of the U.S. workforce, according to a study. Retail also contributed $3 trillion to the U.S. economy in 2022, or 20 percent of the labor income – the amount …
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San Bernardino will repave 21 streets for an estimated $8.7 million. The city council recently approved the project, which will cover five and a half miles of roadway citywide according to a statement on the city’s website. Matich Corp., a Riverside construction and engineering company that specializes in asphalt projects, …
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Cal State San Bernardino’s cybersecurity program has received $963,000 in federal funding that will be used to start a new project. The grant, will help launch the Tech and Workforce Hub Project, will assist students at the Cybersecurity Center begin their cybersecurity careers according to a statement on the university’s …
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Coachella Valley business owners are invited to attend the inaugural Coachella Valley Local Government Vendor Fair, scheduled for April 17 at the Palm Springs Convention Center. The free event will be held from 9 a.m. to noon and will feature representatives from more than 20 cities and public agencies, including …
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The Inland Empire’s manufacturing sector is growing again. Not by much, but it’s growing. The region’s purchasing managers index in March was 50.8, down from 52.1 the month before, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. A decline is never good news, …
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IE Business Daily Business news for the Inland Empire.
