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Housing market continues to sputter

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Southern California’s housing market slipped in October, with sales dropping 4.4 percent year-to-year. A total of 20,150 new and resale houses and condominiums were sold last month in Southern California, according to DataQuick in San Diego, which released its monthly housing report yesterday. That was a 5.4 percent increase compared with …

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Inland beverage company post solid quarter

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Monster Beverages Corp., one of the largest publicly traded companies in the Inland Empire, posted solid earnings during its third quarter. The Corona-based maker of energy drinks reported earnings of $92.2 million for the quarter that ended Sept. 30, according to a statement published on the company’s website. That marked …

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NAIOP holds annual bus tour

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About 275 people, most of them local industrial real estate brokers, took part Thursday in NAIOP’s annual bus tour of industrial properties in the Inland Empire. Participants boarded one of seven buses at Chino Municipal Airport and toured either the east or west end of the Inland region.  More than …

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Mall lands two new tenants

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The Moreno Valley Mall will welcome two new tenants by the end of the year. Crunch Fitness Health Club will occupy 20,000 square feet near Sears on the mall’s first level, according to a release. Image, a fashion retailer for young adults will expand and open a 10,000-square-foot store on …

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Mobile grocery store to offer discounts

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An Inland non-profit agency has launched a mobile grocery store to offer healthy food to low-income residents in rural areas. The Family Service Association started its “Mobile Fresh” pilot program last week at its Moreno Valley headquarters, the first of 10 stops the store is scheduled to make through December, according …

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Inland industrial market stays strong

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Demand for industrial space in the Inland Empire soared during the third quarter, as that sector continues to shine during an otherwise slow recovery. An estimated 90 industrial leases and 40 industrial sales were completed in Riverside and San Bernardino counties during that quarter, according to Colliers International’s third quarter …

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