Stream Realty Partners, a national real estate development, services and investment firm, will build its first Inland Empire project. The company will develop a 160,000-square-foot industrial building in Fontana for Cabot Properties, a private equity real estate investment firm in Boston, according to a statement. The project will be developed …
Read More »SC housing market continues to slide
The Southern California housing market is officially off to a weak start in 2019. Sales of single-family houses and condominiums totaled 12,665 in January, a drop of 17.1 percent compared with January 2018, CoreLogic in Irvine reported. That was the lowest number of houses sold in January since 2008, when …
Read More »OIA continues to add passengers
Nearly 400,000 passengers moved through Ontario International Airport in January, a 5.7 percent increase compared with one year earlier, according to data released this week. Domestic travelers topped 369,000 during the first month of the year, almost two percent more than in January 2018, while the number of international passengers …
Read More »Report: IE leads country in large industrial leases
The Inland Empire recorded 20 of the largest industrial leases signed in the United States last year, the most of any submarket, according to CBRE. Pennsylvania’s Interstate 78-Interstate 81 corridor, Dallas-Ft. Worth, Atlanta and Chicago completed the top five markets with mega industrial leases, CBRE stated in a report it …
Read More »Judge issues Injunction barring Marijuana Licenses in San Bernardino
By Jim Steinberg SAN BERNADINO>>Judge Rules a lawsuit alleging a “pay for play” environment surrounding the city of San Bernardino’s recent award of cannabis licenses has enough merit to proceed and awards injunction – all suspect licenses have been blocked. A San Bernardino Federal Court Judge ruled on Wednesday morning …
Read More »Pay to Play Allegations in San Bernardino?
The City of San Bernardino completed a raucous election in November, culminating in a dramatic changeover at City Hall to include newly elected Mayor John Valdivia and two new council members. During the election, accusations from former Mayor Carey Davis’ supporters flew generously against Valdivia. The attempts were so desperate …
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