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Temecula to get Lexus dealership

Construction has begun on a Lexus dealership in Temecula. Temecula Valley Lexus will be built on 4.7 acres at 42081 DLR Drive, according to a statement on the city’s website. The dealership, which will cover nearly 54,400 square feet, will be owned by the family that owns and operates Temecula …

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Report: serious delinquencies hit six-year high

Inland manufacturing sector reaches growth milestone

An estimated 6.6 percent of all U.S mortgages were in some state of delinquency in August, according to a recent report.  That was nearly a three percent year-over-year increase in the number of residential units that were at least 30 days past due, Irvine-based CoreLogic reported in its monthly Loan …

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Site of Norco fast-food restaurant sold

building sold

The site of a fast-food restaurant in Norco has been sold $2.6 million. The Taco Bell restaurant, at 1460 Sixth St., opened recently after signing a 25-year ground lease, according to a statement released by SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS National represented the …

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Inland company gets $500,000 grant

A Grand Terrace company that lends money to small businesses to help them grow will receive a $500,000 grant from the Citi Foundation in New York. AmPac Business Capital, a community development financial institution, is one of 30 such entities nationwide that will receive the grants to help them sustain …

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CBRE secures four leases at Shea Center

Dermody signs Eastvale tenant

Four companies have leased a combined 731,712 square feet of industrial space in Corona. Columbia Aluminum Products, Tyger Auto, Mascot International Logistics and Web Deal Direct have agreed to occupy the space at Shea Center West, which was completed earlier this year, according to a statement released by CBRE. All …

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Program in Riverside gives homeless people paid work

SB County Helps Homeless Vets

Riverside’s homeless population will have a chance to earn money in a program sponsored by the city, the Salvation Army, and the Church of Jesus Christ of Latter-day Saints. First Impressions is being paid for by private donations, including $50,000 from Molina Healthcare of California, according to a statement on …

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