Industrial construction will continue to grow in Southern California during 2014, with much of that activity expected to happen in the Inland Empire, according to a forecast released Monday. About 12.7 million square feet of industrial space is expected to come online in Riverside and San Bernardino counties next year, …
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A judge has ordered CVS Pharmacy to pay Riverside County and two other California counties a combined $658,000 in connection with a civil lawsuit. The court order, signed earlier this month by San Diego County Superior Court Judge Lisa Schall, stemmed from a lawsuit that alleged that CVS pharmacists did …
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Look for vacancy rate to drop next year, but any “spec” development is a long way off With the economy on the mend, some good things are expected to happen in the Inland Empire office market during 2014. Vacancy should continue to drop, as more of the Class A and …
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California’s unemployment rate dropped to 8.5 percent in November. That represented a decline of one-fifth of a percentage point from October, according to an Associated Press report. California has added 903,000 jobs since February 2010, according to the report, which cited data from the Employment Development Department. The state is …
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Construction on a 600,000 square foot warehouse-distribution center in Riverside has been completed. The speculative project, at 14600 Innovation Drive, was developed by Newcastle Partners Inc. in San Francisco and is part of Meridian Business Park, according to a statement. The building, on the west side of Interstate 215, has …
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Using space-age technology to adapt to market trends By Swapan Nag What does technology that allows us to view Earth from the International Space Station as it orbits around the planet have to do with supply chain management? Or technology that helps authorities pinpoint and deploy vital resources during a …
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IE Business Daily Business news for the Inland Empire.
