National retail sales remained strong last week. Sales were up 3.9 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index, which was released Tuesday. Week-over-week, sales rose a modest …
Read More »Ebola in a “Global World”
For the past week, it’s been nearly impossible to get through the day without hearing about the Ebola virus. Even uninformed members of the public – you know, the people who are more concerned about what’s going on at Dodger Stadium than the White House – have been inundated with …
Read More »Major chain opens fulfillment center
Home Depot has opened an 850,000-square-foot fulfillment center in Perris. The building, at 350 W. Markham St., will ship goods 24 hours a day, seven days a week up down the west coast, according to a report in The Press-Enterprise. Fulfillment centers are designed ship goods ordered online, usually to …
Read More »Local office market stalls
The Inland Empire office market slowed during the third quarter, as premium space became limited and some tenants held out for more favorable deals. Nearly 45,000 square feet of office space was absorbed in Riverside and San Bernardino counties during the quarter that ended Sept. 30, a decent number but …
Read More »Local industrial market stays strong
The Inland Empire industrial market posted solid growth during the third quarter, with 10.1 million square feet of transactions during that time. That was nearly a four percent increase compared with the second quarter of this year, with 5.9 million square feet of construction on the region’s east side and …
Read More »Former Xerox site to get condos
The former site of a manufacturing plant in Pomona be home to a 143-unit condominium project. The city’s planning commission has granted a conditional use permit to the development, which will be built on seven acres in the 800 block of Bonita Avenue, according to a report in the Inland …
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