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OC company buys 99 Cents Only store

An Orange County commercial real estate company has bought a building in Chino Hills occupied by 99 Cents Only. The structure, in the Chino Hills Parkway shopping center, covers 28,240 square feet on nearly three acres, according to a statement. Wood Investment Cos. Inc. in Costa Mesa bought the building …

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Fast-food building sold for record price

A building in Temecula occupied by Raising Cane’s Chicken Fingers has sold for $6.8 million. That is the most ever paid for a property leased by the Baton Rouge, La. -based chain – $1,728 per square foot – according to a statement released by SRS Real Estate Partners’ National Net …

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Profile in Business: The Alliance Group

A conversation with Joseph Freeno, 59, president of The Alliance Group in Rancho Cucamonga. The design-and-build construction firm with eight employees specializes in concrete tilt-ups, mostly for the industrial sector.  The Northern California native spoke last week with IE Business Daily about the state of the local economy, the beginnings …

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University of Redlands to offer MBA in Northern California

Starting next January, the University of Redlands School of Business will offer its masters in business administration degree on the school’s Marin campus. The 12-course program allows adults to complete a 24-month graduate program one course at a time, one evening per week, according to a statement on the school’s …

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Medical complex planned for Victorville

Industrial Tenants Announced

An industrial building in Victorville will be converted into a medical complex. The 20,000 square-foot building at 12490 Business Center Drive has been purchased by a group of physicians in the High Desert for an undisclosed sum, according to a statement released by The Bradco Cos., the largest commercial real …

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Lorenz named OPD chief

Mike Lorenz has been named Ontario’s chief of police. A 22-year veteran of the department who began working as a patrol officer, Lorenz replaces Derek Williams, who is retiring, according to a statement on the city’s website. Lorenz’ appointment was confirmed by a unanimous vote of the city council Tuesday. …

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