Oaktree Capital Management Acquires Inland Empire Industrial Development for $121M

• Oaktree Capital Management, an institutional investor based in Los Angeles, has acquired a 457,125-square-foot industrial development in California’s Inland Empire for $121.1 million.
• The Inland Empire, encompassing areas such as San Bernardino and Riverside counties, is a thriving industrial real estate investment market.
• Its strategic location near major population centers and excellent transportation infrastructure make it an ideal logistics and distribution hub, attracting investors looking to capitalize on the region’s growth potential.

Fostering Entrepreneurship in the City of Ontario: An Overview of the Entrepreneurship Incubator

• The City of Ontario Entrepreneurship Incubator focuses on equipping entrepreneurs with the skills and knowledge to strategically plan their businesses and prepare for accessing capital.
• Participants in the incubator program can engage with like-minded individuals, exchange ideas, seek advice, and build valuable connections.
• The incubator program provides access to expert guidance and mentorship from industry professionals, helping entrepreneurs navigate the challenges of starting and growing a business.

Entrepreneurial Resource Center in Temecula Boosts Small Business Growth in Southwest Riverside County

• The Entrepreneurial Resource Center (ERC) in Temecula is a collaborative effort between the city, the Inland Empire Center for Entrepreneurship, and the Riverside County Office of Economic Development.
• The ERC will provide a centralized hub for small business training, technical assistance, and resource access to increase business creation rates and promote long-term sustainability.
• The ERC emphasizes inclusivity and diversity by actively engaging and supporting underrepresented groups in the area, creating equal opportunities for all entrepreneurs.

Ramen Reimagined: Yoshiharu Expands to Corona, California

• Yoshiharu’s Expansion: The announcement marks Yoshiharu’s growth plans, opening its ninth restaurant in Corona and aiming for further expansion in 2023.
• Authenticity and Comfort: Yoshiharu strategically chose Corona to bring authentic Japanese cuisine to an area in high demand, providing a distinctive and comforting dining experience.
• Diverse Menu: Yoshiharu’s Corona location offers more than just ramen, with sushi, bento boxes, rice bowls, and appetizers to cater to all tastes.

Eagle Mountain: California’s Ghost Town to Make a Comeback

• Eagle Mountain, a former company town in the California desert, has been purchased by a mystery buyer for $22.5 million, signaling a new chapter in its history.
• The town’s rise and fall revolved around iron ore mining, with records broken for daily production levels before the mine ultimately closed in 1983, leading to the evacuation of the entire population.
• With the recent sale and the potential connection to Ecology Transportation Services, there is speculation about the buyer’s plans for Eagle Mountain and concerns about preserving its historic integrity amidst trespassing and intrusion.

Reunion Kitchen & Drink Brings its Upscale Vibe to The Shops at Dos Lagos

• The new Reunion Kitchen at The Shops at Dos Lagos marks the reincarnation of the former East Beach Grill, a cherished casual restaurant with a three-decade history.
• As a family-owned and -operated business, Reunion Kitchen brings a personal touch to its operations.
• Reunion Kitchen offers an exquisite culinary journey, featuring a diverse menu that caters to various preferences – from seafood delights like fish & chips and miso-glazed sea bass to the renowned Rosemary’s fried chicken.

Events

1. SBA Certifications: 8(a), HUBZone, and WOSB Informational Webinar by SBA Orange County/Inland Empire- June 14, 9:30 AM – 11:30 AM PDT [Online]
2. 2023 Southwest Regional Economic Forecast by Temecula Valley Chamber of Commerce – Thursday, June 15, 2023 (7:00 AM – 10:00 AM) (PDT)- [South Coast Winery, Rancho California Rd, Temecula]
3. AfterHours Business Mixer – Canyon Springs by Greater Riverside Chambers of Commerce June 22, Gateway Dr, Riverside, California
4. Entrepreneurship Summit 2023 Sep 13-14, 2023 Toyota Arena