Daum Commercial Real Estate Services has negotiated the sale of two Inland industrial buildings that combined are worth more than $13 million. The first building, at 1228 Sherborn St., sold for $7.5 million to Excel Business Park LLC, a private investment group, Daum Commercial announced Monday. Newport Trading LLC was …
Read More »Issa looks to resolve “Made in USA” battle
U.S. Rep. Darell Issa, R-Riverside, is likely to introduce a bill that would make it easier for manufacturers to put “Made in America” on their products. The bill would be similar to legislation introduced in the Senate in January and would be aimed specifically at California, Issa said Tuesday. Unlike …
Read More »Hangar 24 signs arena deal
Hangar 24, the popular microbrewery near Redlands Municipal Airport, is now the “Official Craft Beer” at Citizens Business Bank Arena in Ontario. The partnership, which was announced Monday, gives Hangar 24 a “heavy presence” at the arena, which seats more than 11,000 tickets for concerts and 10,000 for basketball games, …
Read More »Law enforcement event scheduled
Perris will host its “National Night Out” Saturday at Sky Dive Park. The event, which is scheduled to be held from 4 p.m. to 8 p.m., will feature police and firefighting demonstrations, according to a statement on the city’s website. Members of the public will also be able to speak …
Read More »Fontana shopping center sells
A neighborhood shopping center in Fontana has been sold.. Southridge Plaza, which covers nearly 120,000 square feet at Cherry and Live Oak avenues, sold for $20.6 million, Faris Lee Investments announced last week. The seller was Fortress Investment Group, a private equity fund in Los Angeles. San Diego-based Fontana Southridge …
Read More »Longtime Inland Empire environmentalist to run for office
Penny Newman has spent nearly 40 years trying to change the system from the outside. Now she’ll try to change it from the inside, assuming she can elected. Not many people make their first run for public office right after they turn 70 years old. Not so for Penny Newman, …
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IE Business Daily Business news for the Inland Empire.