Tag Archives: Featured

The Inland Empire industrial market showed no signs of slowing down during the first quarter of this year. An estimated 5.2 million square feet of industrial space was absorbed during the first three months of this year, the two-county region’s 22nd consecutive quarter of positive net absorption, according to the …

The practice of buying a home so it can be sold, rather than occupied by the owner or a renter, rose nationwide during the first quarter of 2015, an online newsletter that covers the housing industry has found. Overall, the number of investment buyers who said they planned to “flip” …

In the midst of California’s most severe drought in decades, a new, privately funded venture to provide drinkable water to parched Southern Californians continues to make significant progress. The Cadiz Valley Water Conservation, Recovery and Storage Project is in its 7th year of development and will initially provide quality water …

California’s unemployment picture, and the Inland Empire’s, continued to improve last month. The state’s unemployment rate dropped to 6.5 percent in March, down from 7.9 percent exactly one year earlier, according to the state Employment Development Department. Employers in the public and private sector added 39,800 non-agricultural jobs during the …

A developer has broken ground on a 750,000-square-foot industrial building in Fontana. Long Beach-based Pacific Industrial will develop the building at Sierra Pacific Center, the industrial park the company is developing in the 5800 block of Sierra Avenue, according to a report in GlobeSt.com, a real estate publication. Pacific Industrial …

Riverside-based Security Bank of California reported solid earnings growth during the first quarter of this year. Security Bank had a net income of $1.2 million during the quarter, a 19 percent gain compared with the first quarter of 2014, according to a statement released Tuesday by Security California Bancorp, the …