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Home prices continue to rise

Inland Empire Business News August 23, 2014.003

The national housing market remained a seller’s market during February. Including distressed sales, prices rose 5.6 percent compared with February 2014, marking three consecutive years of year-over-year price increases, according to data released Tuesday by CoreLogic in Irvine. In the Inland Empire, prices were up 5.1 percent in February counting …

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The Effects of (Political) Climate Change

By Ed Hoffman Last week, we saw just how quickly lawmakers will cower when faced with intimidation from the thugs on the left. I’m referring to the Indiana legislature, which was directed by Governor Mike Pence to revise its Religious Freedom Restoration Act after the law was widely – and …

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Aircraft company expands

Inland Empire Business News by IE Business Daily.002

Mooney International has expanded its operations at Chino Airport. The company, which makes general aviation aircraft, began operating at the airport in 2013, the same year it was bought by Soaring America Corp. according to a report in the Inland Valley Daily Bulletin. Mooney International, which employs about 80 people …

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Logistics project planned

Inland Empire Business News for November.002

A Dallas-based investment firm will develop a speculative logistics project in Redlands that will cover nearly one million square feet. Crow Holdings Capital-Real Estate has bought nearly 43 acres of open space at Alabama Street and Almond Avenue and will build two industrial buildings there, according to a statement by …

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Michael Krouse says the IE trumps LA

Ontario Convention Center.001

Krouse, head of the Greater Ontario Convention and Visitors Bureau and Ontario Convention Center, left a similar job in Los Angeles Tourism so he could build his own operation. In just about every way, he says, Ontario has proved to be a better job, with more cooperation and not as …

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Major Inland office complex sells

Inland Office Market Improves.001

One of the Inland Empire’s more prominent office developments has been sold. Tri-City Corporate Centre, a 17-building, mixed-use project in San Bernardino, sold for an undisclosed sum, according to CBRE Group Inc. The transaction, which took five months to complete, was announced Thursday. Based on square footage, it’s believed to …

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