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Tune in to KTIE 590 every Saturday at
2:30 p.m. for the Explore Riverside radio show.
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Riverside Regents
July 24-25
Good Hearted Leadership (SBDC)
August 6
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 City of Riverside, CA
Office of Economic Development News July 23, 2013
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Lee & Associates Riverside Releases Second Quarter Industrial Market Summary
The Riverside office of Lee & Associates, the nation's largest broker-owned commercial real estate firm, has released its second quarter 2013 Industrial Market Summary for manufacturing/ distribution buildings for the East Valley Market of Inland Southern California.
The summary reports that the second quarter, following stabilization in 2012, shows exceptional activity and absorption figures to continue, comparable to those of the previous quarter. Both activity and gross absorption remain strong in the second quarter continuing the stabilized market trends. Absorption in 2012 of just over 12 million square feet surpassed the figures seen in 2011, a trend that is expected to continue throughout 2013, with second quarters absorption posting 4.4 million square feet, and a year-to-date absorption at almost 7.8 million square feet. (Read more...)
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Value of Inland Southern California Exports Rising
(As reported by Jack Katzanek and published in the Press-Enterprise.)
 The value of goods manufactured in Inland Southern California and shipped to other countries increased in 2012, placing the area on a list of cities that expanded those markets, Department of Commerce data shows.
Manufacturers in San Bernardino and Riverside counties sent about $8 billion worth of goods abroad in 2012, a report released Thursday, July 11 found. It represents an increase of $916 million, or 13 percent, from 2011. (Read more...)
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Riverside Regents Real Estate Certification Series Kicks Off on July 24
The Riverside Regents program has been designed to cultivate the relationship between the City of Riverside Office of Economic Development, residential real estate agents and those looking to purchase a home in Riverside. Upon completion of the two day informational seminar, agents will receive a certificate of completion, thus becoming a Certified Riverside Regent. (Read more...) |
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Riverside is being recognized worldwide for its forward looking, cutting-edge approaches to economic development, education, sustainability and technology. Discover the possibilities within this City of Arts & Innovation.
Sincerely,
Scott C. Barber
City Manager
City of Riverside
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