IE Business Daily Business news for the Inland Empire.
CVB Financial Corp., the parent company of Citizens Business Bank, has reported net income of $43.2 million for the quarter that ended Dec. 31. That was a substantial improvement compared with the fourth quarter of 2017, when the Ontario-based financial institution posted net income of just under $18 million, according …
Read More »OIA records best traffic count in 10 years
More than 5.1 million travelers passed through Ontario International Airport last year, the airport’s largest traffic count for one year since 2008. The 2018 passenger count was a 12.4 percent increase from 2017, when more than 4.5 million passengers passed through Ontario International, according to data released by the Ontario …
Read More »Medical office space in Redlands leased
An outpatient program at Loma Linda University’s Health Behavior Medical Center has leased office space in Redlands. The medical center’s MEND program will lease 15,000 square feet of space at Park Plaza, a three-building complex, according to a statement released by Cypress West, the property’s owner. The lease is for …
Read More »SB industrial property sells for $33 million
A Class A industrial building in San Bernardino has been sold. Newport Beach-based Bixby Land Co. and AXA Investment Managers paid $33 million for the structure at 4982 Hallmark Parkway, according to a statement. Recently completed, the building covers 343,000 square feet and is vacant. The purchase is part of …
Read More »Inland Empire Business Loans… Relationships or Robots?
By Eugene E. Valdez AKA The Loan Doctor If you are a CEO of an Inland Empire based business you should devote a certain number of your weekly hours to engage in strategic planning. Purpose is to tweak your business model in response to changes in the environment (both external …
Read More »PS to discuss Plaza Theatre renovation
Palm Springs will hold a special meeting Saturday to discuss the future of the historic Plaza Theatre. The community forum is scheduled to be held at 10:30 a.m. at the theater, 128 S. Palm Canyon Drive, according to a statement. The session will give Palm Springs residents and other interested …
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