Home Cash Sales down Locally, Nationally Cash sales of single-family homes in the Inland Empire dropped in September. Houses purchased with cash accounted for 23.7 percent of all single-family home sales in Riverside and San Bernardino counties during that month, down 2.9 percent year-over-year, according to data released by CoreLogic …
Read More »More Medical Pot for the Coachella Valley
Palm Springs will soon have its sixth medical marijuana dispensary. Joy of Life Wellness Center is expected to open in about two weeks, although an exact opening date has not been determined, said Amy Blaisdell, city spokeswoman. The business will be located at 142 W. Oasis St, a site that …
Read More »Promenade to Get New Tenants
The Promenade at Temecula will add two new retailers to its tenant mix next year. Luna Grill, a Mediterranean restaurant with healthy menu options that include gourmet salads wholesome wraps, is scheduled to open its first Riverside County location at the Promenade, according to a statement. The restaurant will be …
Read More »Business Park Changes Hands
Club Business Park, a 51,000-square-foot business property in San Bernardino, has been sold. The facility, at 164-194 W. Club Center Drive and 2211 S. Hunts Lane, sold for $2.8 million, according to Marcus & Millichap, which brokered the deal. The transaction was announced Thursday. The buyer and seller were both …
Read More »Agreement to put OIA under Local Control Tops 2015 Inland Empire Business Stories
The World Logistics Center battle in Moreno Valley, the ongoing Colonies Crossroads corruption case and the end of the Fresh & Easy grocery chain were among the top local business stories that generated headlines, and some controversy, during the past year. Two thousand and fifteen will probably be remembered in …
Read More »On The Move
Rep. Ken Calvert, R-Corona, has been named to a special House task force that will study intelligence gathering related to the Iraqi and Syrian conflicts. Specifically, the committee will study whether that information was manipulated to make both conflicts appear to be more positive than they in fact are, according …
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