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Report: IE one of top metro areas

The Inland Empire ranked 25th among the best-performing large metropolitan areas in the United States by a prominent think tank.  The list, compiled by the Milliken Institute, measures economic vitality in 200 large metropolitan areas and 201 small cities, according to a statement. San Francisco ranked first on this year’s …

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Office-industrial park sells for nearly $11 million

A multi-tenant office and industrial park in southwest Riverside County has been sold. Temecula Corporate Park, which covers nearly 87,000 square feet in the 43300 block of Business Park Drive, sold for $10.9 million to a private investor in Los Angeles whose name was not released, according to a statement. …

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Refi loan for Rancho Mirage shopping center

Newmark Knight Frank has arranged a $30 million loan that will be used to refinance the Rancho Las Palmas Shopping Center in Rancho Mirage. The project, which covers 163,500 square feet at Bob Hope Drive and Highway 111 is about 85 percent leased, according to a statement. Tenants include CVS, …

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IE manufacturing stays strong

Inland Empire manufacturing is definitely operating on solid ground. The region’s purchasing managers index was 57 in February, up from 2.6 points from January, according to data released by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. More important, February was the fifth consecutive month …

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Enterprise Funding announces affiliation agreement with Orange County firm

The Redlands company that arranges government loans to small businesses is partnering with the Small Business Development Corporation of Orange County, a similar operation. The arrangement comes at an ideal time for small business expansion, according to the heads of both entities. In the 37 years he’s been arranging loans …

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ARMC to hold health expo

Arrowhead Regional Medical Center in Colton is scheduled to hold its 13th annual 5K Walk/Run & Health Expo March 21. The event, which publicizes the fight against obesity and other diseases, is scheduled to start on the medical center campus and makes its way through nearby neighborhoods, according to a …

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