A grand opening is scheduled to be held Saturday at a gated community in Montclair. Anzio, at 5165 Mission Blvd., consists of 31 three and four-bedroom detached homes, said Terry Kent, vice president of marketing for Crestwood Communities in Glendora, the project’s developer. Prices begin the low $400,000s. The houses, …
Read More »
Calavo Growers Inc., a food distribution company that specializes in avocados, has purchased a production facility in Riverside. The facility, at 1730 Eastridge Ave., covers 128,000 square feet and was previously used by affiliates of Fresh & Easy Neighborhood Markets, according to a statement released Thursday. Renaissance Food Group LLC, …
Read More »
Foreclosures in the Inland Empire fell to 0.52 percent in August, a drop of 0.20 percent year-over year, according to data released Thursday. That was well below the national foreclosure rate in August, which was 0.90 percent, CoreLogic in Irvine reported. Also in Riverside and San Bernardino counties, the percentage …
Read More »
Floor & Decor, a hard-surface flooring retailer, has leased a 1.1 million-square-foot warehouse-distribution facility in Moreno Valley. The building, at 24101 Iris Ave. is the Atlanta-based company’s first operation in the Inland Empire, according to a statement posted Wednesday on the city’s website. About 65 people are expected to work …
Read More »
A hearing before the Riverside Planning Commission regarding a proposed 1.3 million-square-foot industrial project has been postponed. Hillwood, the Dallas-based real estate developer, and The Magnon Companies in Riverside want to build two warehouse-distribution buildings on land between Sycamore Canyon Wilderness Park and Interstate 215, City Planner Ted White said Wednesday. …
Read More »
Home prices in the Inland Empire rose 5.9 percent in September compared with exactly one year earlier, according to data recently released. Nationwide, home prices rose 6.3 percent in September year-over-year, Irvine-based CoreLogic reported in its monthly study of home prices. Those numbers include distressed sales, which means a property …
Read More »
IE Business Daily Business news for the Inland Empire.
