2015 a Big Year for Warehouse Development in the Inland Empire

By Jim Steinberg, The Sun There’s an economic tsunami washing over the Inland Empire and it shows no signs of slowing down, experts say. The gray slabs known as tilt-up buildings turn into warehouses when complete and are popping up across the region. “This is the third great wave of warehouse development,” said Rick John, … Continued

Dealmaking Returns, Bullish Sentiment Prevails At Crowded RECon In Las Vegas

By Randy Drummer, CoStar News Attendance is strong and attendee confidence is even stronger at this week’s International Council of Shopping Centers (ICSC) RECon conference in Las Vegas, mirroring a retail real estate industry that’s finally entering full expansion mode after years of store closures and retail consolidation during the economic downturn and recovery. “The … Continued

The Next Frontier for SoCal Retail Is…

By Dees Stribling, Bisnow The retail sector has finally made its recovery, and now it’s looking for room to grow. Space is a little tight in LA and OC counties, but IE has the right ingredients for quick expansion, Progressive Real Estate Partners president Brad Umansky tells us. For one thing, the population’s in growth … Continued

Region’s Economy on Upswing

By Staff Reports, Victorville Daily Press Economist Dr. John Husing kicked off the 17th annual High Desert Economic Summit on Tuesday morning by showing a slide with an arrow pointing between the words “optimism” and “excitement.” Noting that some of his previous appearances at the Hilton Garden Inn Conference Center in Victorville were long on … Continued

Montclair Plaza Makeover to Focus on the Outdoors

By David Allen, Inland Valley Bulletin Montclair Plaza’s new owners could be breaking ground within weeks on an ambitious makeover of the 1960s mall that by the end of 2016 will bring new stores, outdoor plazas, parking garages and a movie theater. Conceptual plans for the mall were shown Monday night to the Planning Commission, … Continued

Don’t Count Out Fresh & Easy Just Yet

The chain is downsizing, having undergone a bankruptcy filing and an ownership, change, but it’s not giving up on the western U.S. market. Despite its mistakes, Fresh & Easy could still become a player in the hyper-competitive California grocery store industry, according to several analysts. Yes, Fresh & Easy is closing 50 stores in California, … Continued

Montclair Plaza in For Major Overhaul

MONTCLAIR >> A major overhaul of the Montclair Plaza may begin as early as May, according to city officials. City Manager Ed Starr said details were still being finalized, though he did share a general outline of plans that include high-end retail and outdoor shopping at the western side of the mall and the demolition … Continued