Jan 06, 2025
Arrive Temecula, an apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9. The 192-unit complex includes apartments and townhomes ranging in size from 730-1,355 square feet in one, two, and three-bedroom floor plans. The community also offers two-bedroom townhome units. Rent ranges from $2,375 for a one bedroom unit to $3,495 for three bedrooms, according to the property’s website . Arrive Temecula, a 192-unit apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9. Units offer stainless steel appliances, quartz countertops, central air, a full-size washer/dryer, patios or balconies and attached/detached garages. (Photo courtesy of Red Tail Residential) Arrive Temecula, a 192-unit apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9. Units offer stainless steel appliances, quartz countertops, central air, a full-size washer/dryer, patios or balconies and attached/detached garages. (Photo courtesy of Red Tail Residential) The 192-unit Arrive Temecula apartment community debuted recently in the city. The apartments range from one-bedroom to three, and offer townhouse living, too. Rent ranges from $2,375 for a one bedroom unit to $3,495 for three bedrooms, according to the property’s website. (Photo courtesy of Red Tail Residential) Show Caption1 of 3Arrive Temecula, a 192-unit apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9. Units offer stainless steel appliances, quartz countertops, central air, a full-size washer/dryer, patios or balconies and attached/detached garages. (Photo courtesy of Red Tail Residential) Expand Tenants can expect to live in apartments that tout stainless steel appliances, quartz countertops, central air, full-size washer/dryer, patios or balconies and attached or detached garages. Shared amenities include a pool, spa and gym. The complex also is pet friendly and features its own Bark Park. Address: 43590 W. Ventana St., Temecula Tractor Supply Co. is hosting its grand opening Saturday, Jan. 18 in Big Bear Lake, the latest in a slate of new retailers to debut in the mountaintop town. (Photo courtesy of Tractor Supply) Tractor Supply celebrates its debut Jan. 18 Tractor Supply Co. will host a grand opening Saturday, Jan. 18 in Big Bear Lake, the last in a trio of retailers to debut at a former Kmart in the mountaintop town. The chamber of commerce said Tractor Supply doors open at 7 a.m., with the ribbon cutting set for at 8 a.m. The retailer sells a wide array of products, ranging from home improvement supplies to agriculture equipment, lawn and garden tools and accessories, pet care and equine supplies. The long-shuttered Kmart at 42126 Big Bear Blvd. was redeveloped into three spaces, now home to Grocery Outlet, Marshall’s and Tractor Supply.  Wood Investment Cos. — a developer and property investor based in Newport Beach — paid $6.5 million in late December 2022 for the 80,800-square-foot shopping center. “Wood Investments has been looking for an investment property in Big Bear for close to four years with specific tenants in mind,” said Patrick Wood, CEO and president of Wood Investments Cos. “As soon as the former Kmart property became available, we took the opportunity.” Burlington moving to new store in Redlands The discount retailer Burlington Stores is opening a store this spring at Citrus Plaza in Redlands. The store is actually a relocation of another store at 1520 Industrial Park Ave., also in Redlands. The company operates 115 stores in California. Address: 27450 W. Lugonia Ave. Alterra IOS, an investment firm that specializes in industrial outdoor storage, recently acquired a 15.2-acre facility in Jurupa Valley for $51 million. (Photo courtesy of Alterra IOS) Storage yard sells for $51 million in Jurupa Valley Alterra IOS, an investor in industrial outdoor storage, recently acquired a 15.2-acre facility in Jurupa Valley for $51 million. Philadelphia-based Alterra the region’s land scarcity and zoning regulations, make opportunities like this “exceptionally rare.”  The Class A parcel includes a concrete yard and a new 25,910-square-foot maintenance facility. The site at 5600 Market St. is fully leased to a trucking and transportation company with terminal facilities. “This acquisition sets a new standard for single-site IOS transactions, particularly in Southern California where sites of this acreage have become sparse,” said Matt McNutt, vice president of acquisitions at Alterra IOS. A new Trader Joe’s will open later this month in the Murrieta Plaza shopping center. The location is opening in a former OfficeMax store, at 40388 Murrieta Hot Springs Road, in Murrieta. (Photo by Kim Guimarin/SCNG) 2024 top stories Last year brought a host of news across Southern California. Here’s a look back at the most read Business stories written by Samantha Gowen: Trader Joe’s opened 8 new stores in the region : The Monrovia-based grocery store chain expanded last year, adding eight grocery stores to its Southern California roster. The Inland Empire gained a new store in Murrieta at a former OfficeMax store. Los Angeles County got four new stores, Orange County one and San Diego County two. Optum laying off hundreds:  The healthcare company owned by UnitedHealth Group laid out 525 people in multiple locations, many of them at urgent care facilities in Southern California. The company, in a notice to the state’s Employment Development Department, said it was carrying out layoffs and “departmental closures” at 14 locations including Glendora, Montebello, Covina, Pasadena, Long Beach, Redlands, Highlands, Los Angeles, Beaumont, Irvine, El Segundo, Cerritos and Hayward in Alameda County. The layoffs began Sept. 16 and concludes this month. 63 grocery stores targeted for divestment : Kroger and Albertsons Cos. Last April announced they would divest 579 stores, 63 of them in California, to C&S Wholesale Grocers as part of a proposed $26.4 billion merger. That merger was ultimately blocked in December by a federal judge in Oregon. Albertsons then sued Kroger, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement. Big Lots closing stores in California: The discount retailer said in August it was closing 75 stores in the state. In a 386-page filing to the Securities and Exchange Commission, the bankrupt company detailed new loan terms with its creditors. By the time the latest 75 stores close, it will operate just 34 locations in California. At least 30 of the closures are in Southern California. Rubio’s closing restaurants: Rubio’s Coastal Grill The Carlsbad-based chain known for its fish tacos said last June that it was closing 48 restaurants in California, blaming the state’s business climate. “The closings were brought about by the rising cost of doing business in California. While painful, the store closures are a necessary step in our strategic long-term plan to position Rubio’s for success for years to come,” the company said in a statement. Dollar Tree replaces 99 Cents Only: Recently shuttered 99 Cents Only Stores quickly flipped to another discount banner last year. Dollar Tree was the winning bidder for at least 93 stores across the state, most in Southern California. 99 Cents Only shuttered hundreds of stores nationwide after it filed for bankruptcy. Costco card readers: Thanks to readers across Southern California, we learned that Costco was installing membership card readers at its entrances. The new entrance policy got off to an awkward start at some stores, prompting swift complaints about lines at the doors, similar to the pandemic days. The company said it was launching the technology to help stem a tide of membership sharing.  RV manufacturer Forest River is expected to close plants in Hemet and Rialto and cut 415 jobs days before the holidays. Above, the Rialto plant employs176 people at 255 S. Pepper Ave.., while the Hemet facility employs 239 people at 920 West Mayberry Ave. (Photo by Pat Maio, Orange County Register/SCNG) RV plant closures: More than 400 employees at two recreational vehicle manufacturing plants in the Inland Empire lost their jobs at year’s end after Forest River Manufacturing pulled its production stakes out of California. The facilities included one in Hemet and the other in Rialto. A trade publication said the RV brands produced in the Inland Empire would shift to facilities in Indiana, Forest River’s home base. The business briefs are compiled and edited by Business Editor Samantha Gowen. Submit items to [email protected]. High-resolution images can also be submitted. Allow at least one week for publication. Items are edited for length and clarity.
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