Newcastle Partners Inc. has purchased land in Chino where it plans to develop an industrial building. The 78,000-square-foot structure will be built on 3.6 acres at 5490 Schaefer Ave., property Newcastle purchased from the city of Chino for an undisclosed sum, according to a statement. Lee & Associates represented Newcastle …
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The U.S. labor market ended 2015 with a bang, adding 292,000 jobs during December. Overall, an estimated 466,000 people were added to payrolls last month, and the national unemployment rate held at five percent as the year came to a close, according to data released Friday by the U.S. Department …
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The local team is now part of the American Hockey League, which is only one step below the NHL. Attendance is up and several restaurants near the team’s home venue say their business is improving, but the team’s full economic impact likely won’t be known for several years. As of …
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University of La Verne President Devorah Lieberman will deliver the keynote address at the Pomona-Inland Valley Martin Luther King Jr. Project’s 34th annual commemoration of the late civil rights leader’s life and legacy. The event is scheduled to be held Jan. 17 at the Pilgrim Congregational Church in Pomona, according …
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Randy Madrid has been named to the Menifee planning commission. Madrid, owner of RM Project Development, a consulting firm, will begin serving at the commission’s Jan. 13 meeting, according to a statement released Monday. Madrid replaces Lesa Sobek, who was recently elected to the city council. His appointment was announced …
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The Inland Empire industrial market continued to perform at a spectacular pace during the fourth quarter of 2015, according to data released Thursday. Vacancy was at 4.9 percent, down 3.7 percent year-over-over, as the region absorbed more than 20 million square feet of industrial projects during that three-month period, Voit …
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IE Business Daily Business news for the Inland Empire.
