By Jeff Brannon When an owner with a fairly young business wants to expand their operations, they usually go to a bank and seek out a traditional loan. Often times, business owners are surprised to learn that they are unqualified to receive traditional lending, primarily because their business is still …
Read More »Logistics Operation Changes Hands
A regional logistics center in San Bernardino has changed hands in a sale-and-leaseback transaction. The building, at 4472 Georgia Blvd., sold for $27.9 million, according to Colliers International, which helped negotiate the sale. Industrial Property Trust, a Denver-based company that owns and operates logistics operations throughout the United States, bought …
Read More »Most Riverside Residents Like Their Hometown
Riverside is apparently a good place to live and work. A solid majority of its residents – 85.5 percent – agreed that Riverside is a place they can achieve their goals, while 87.6 percent said the city has good schools, according to the latest Riverside Community Quality of Life Survey. …
Read More »AQMD Files Suit Again Regarding Moreno Valley Project
The South Coast Air Quality Management District has filed its second lawsuit against the city of Moreno Valley in connection with the proposed World Logistics Center. The suit, which was filed Thursday in Riverside County Superior Court, asks the city and Highland Fairview, the project’s developer, to “better assess and …
Read More »Ethics Panel to Meet for First Time
Palm Springs will hold the first meeting of it Ethics, Transparency and Government Reform Task Force. The session, which is open to the public, is scheduled to be held at 6 p.m. March 8 at the Palm Springs Police Department Training Center, according to a release. Fifty five Palm Springs …
Read More »Industrial Project Would Include a Hospital
A mixed-use commercial and industrial project is under construction in Eastvale that will feature an acute care hospital, if all goes as planned. Some hurdles remain, but officials are confident they can find a healthcare provider willing to locate in northwest Riverside County, an area that everyone agrees needs more …
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