Sonic, the drive-in restaurant chain, will add 33 locations in California during the next seven years, including at least two in the Coachella Valley. The expansion, which will include all parts of the state, will be facilitated by the expansion of two franchise agreements and the addition of two others, …
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A shopping center in Chino has been sold. Chino Promenade, a 64,082-square-foot facility that is 86 percent leased, sold for $10.8 million, according to a statement released Tuesday by CBRE Group Inc. Crown Financial, which CBRE represented, sold the property to LJZ Murrieta LLC, a private investment group that plans …
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Ontario-based Citizens Business Bank has been named “The Best Bank in America” by Forbes magazine. Forbes used ten metrics involving asset quality, capital adequacy and growth and profitability in establishing the top 100 publicly traded banks in the United States for 2016, according to a statement released Tuesday. Citizens Business …
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NAIOP Inland Empire has named its Board of Leadership for 2016. Matt Englhard of Proficiency Capital LLC will serve as president during the upcoming year, while Joe Cesta of CBRE Group Inc. will serve as president-elect and Steve Haston of Lee & Associates will be treasurer, according to a statement. …
Read More »By Ed Hoffman As I write this, it hasn’t happened yet – but by the time you read this, President Obama will have given his final State of the Union address to the nation. Hopefully you watched it and won’t need to be briefed, but if you didn’t watch it, …
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Non-profit agencies that serve Palm Springs’ low to moderate-income residents are eligible to receive federal Community Development Block Grant Funds. The city expects to receive $343,175 from the U.S. Department of Housing and Urban Development, with those funds scheduled to be distributed starting July 1, according to a city statement. …
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IE Business Daily Business news for the Inland Empire.
