Friday , May 24 2024

Tag Archives: Featured

Shopping center sells

Inland Empire Retail Parcel Sells.001

A community shopping center in Moreno Valley has been sold. TownGate Center, which sits on 28 acres near Moreno Valley Mall, was sold to Brixton Capital of San Diego for $41.9 million, according to a report originally published in The Press-Enterprise. The sale closed last week. TownGate Center’s anchor tenants …

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Just how good are jobs in the logistics industry?

Inland-Empire-Restricts-Semi-Trucks.001-300x336

The Inland Empire is loaded with them and many of them pay well, but there’s disagreement about whether they’re a gateway to the middle class. Without question, the Inland Empire is the warehouse-distribution capital of the western United States, if not the entire country. About 113,000 residents of Riverside and …

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County Races Shape Up

Inland Empire Political News.001

For those of us who thought that this year’s races for County elected offices would be ho hum, boy were we wrong. Every race for County office is being contested; something that just a few weeks ago looked unlikely. In the Board of Supervisors races there are two seats up …

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Inland job growth better than first thought

Inland Empire Economy Improves Slightly.002

Some good news on the employment front: an estimate 37,400 jobs were created last year in Riverside and San Bernardino counties. That’s almost three times as much as state officials first estimated, according to a report first published in The Press-Enterprise. The 3.1 percent job growth for 2013 came after …

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KB Home subsidiary buys infill site

KB Homes Buys Inland Empire Real Estate

San Diego-based KB Home Coastal Inc. has purchased an infill parcel in Murrieta. The 52 lots are on Jackson Avenue immediately south of the Interstate 15-215 crossing, said David Harbour, senior land advisor with WD Land in Irvine. Each lot is undeveloped and covers about 3,000 square feet. Cost of …

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Safeway and Albertsons merger agreement announced

Safeway and Albertsons to Merge

Safeway and Albertsons announced in a statement, a definitive agreement under which AB Acquisition LLC will acquire all outstanding shares of Safeway. Safeway shareholders are expected to receive total value estimated at $40 per share. The merger agreement was unanimously approved by the Board of Directors of Safeway. Albertsons’ Chief …

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