Corona residents have a new shop to satisfy all those DIY projects at home.
Ace Hardware debuted Dec. 7 at the Dos Lagos shopping center.
The storefront is styled with a certain House of Mouse appeal. “We’ve taken inspiration from the magic of Disney to create an unforgettable experience,” Ace said in his grand opening announcement. “This unique art piece was born from our owner’s vision of transforming existing electrical elements into something extraordinary.”
This is the second home improvement store to open in the region in recent weeks. Murrieta residents got a new Home Depot , the city’s second. It opened Dec. 12.
Address: 2790 Cabot Drive.
Fontana industrial facility trades hands
TA Realty recently acquired the Slover & Elm Commerce Center in Fontana, according to CBRE.
Terms were not disclosed by the brokerage, which represented the seller, Brookfield Properties, a Canadian investment company.
“TA Realty seized an excellent opportunity to enhance their portfolio with a high-quality, newly constructed and strategically located property,” said Joe Cesta at CBRE. “This acquisition represents a win-win for both Brookfield and TA Realty, as investors increasingly seek premium assets and recognize the long-term potential within the dynamic Inland Empire market.”
Completed in 2022, the 192,794-square-feet Class A industrial facility at 15521 Slover Ave. was fully leased when sold.
EōS gym opens in Lake Elsinore
The company behind EōS Fitness continues its expansion, opening another new location, this time in Lake Elsinore.
The gym is the 20th for the chain in California.
The 50,605-square-foot, full-service gym offers cardio and strength equipment, group fitness and personal training options. Memberships start as low as $9.99 monthly, according to EōS.
The brand has seen several new gyms debut in recent months. This summer, an EōS opened in Moreno Valley , followed by one in Jurupa Valley and another in Winchester .
Address: 31564 Grape St, Lake Elsinore
New CFO appointment for the IECF
Khyati Mehta is the new chief financial officer for the Inland Empire Community Foundation. She replaces the organization’s former CFO, Paula Myles, who has pivoted to director of Donor Services as part of the Charitable Giving Team.
Previously, Metha was senior director of finance at Riverside Community Health Foundation. Her role there included managing a $100 million investment portfolio, leading the budget processes, and overseeing accounting.
At the IECF she will be responsible for financial management, operations, investment management and human resources.
Ophelia Project scores PGA honor
The Ophelia Project in La Quinta was recently honored with the Charity of the Year award from the charitable foundation of the PGA Tour.
The awards come from the Impact Through Golf, which is supported by American Express.
The Ophelia Project was one of 16 charities that were chosen to receive a share of more than $1 million from the 2024 tournament.
The nonprofit offers a five-year mentoring program, providing support, training and education for 300 to 400 girls annually in grades eight through 12 in Palm Desert. To date, 5,400 girls have completed the program, and all have graduated high school.
Tolar completes 15 bus shelters for Virginia Tech campus
Tolar Manufacturing Co. in Corona recently wrapped up a contract with Virginia Tech and the Blacksburg, Virginia transit authority for 15 Sunset bus shelters.
The university recently finished a transit improvement project that began in 2021. The shelters will be featured along transit routes and at a new transit center on campus.
“With our new Transit Center being in the heart of Virginia Tech’s academic core, we needed a shelter design that was not only functional but one that would provide architectural character to break up the “sea of concrete” while complementing the surrounding buildings, “said Brian Booth, director of Blacksburg Transit. “The Tolar Sunset line of shelters achieves this perfectly with an attractive shelter design to match the design aesthetics in this region of campus, while still meeting the functional needs of the nearly 30,000 passengers who use this facility every time. day.”
Gubernatorial appointments
Calimesa resident Travis Pennington recently was appointed warden of California Institution for Men, where he’s been acting warden since 2023. The position does not require Senate confirmation, and the compensation is $193,524. Pennington is a Republican.
Party City, Big Lots shuttering stores for good
Last week, we learned that Party City and Big Lots are closing all stores after selling out their inventory. Clearance sales started at both chains.
New Jersey-based Party City is just 14 months out of a bankruptcy plan that was designed to ensure the retailer’s long-term survival. CEO Barry Litwin told employees on Friday that the costume and party supplier couldn’t overcome pressure from low-spending consumers and high inflation. “And as a result we regret to inform everyone that today will be your last day of employment,” Litwin said. “That is without question the most difficult message that I’ve ever had to deliver.”
Big Lots launched going–out-of-business sales last week at its remaining locations after a sale of the company failed to happen. In September, the retailer filed for Chapter 11 bankruptcy protection and said private equity firm Nexus Capital Management LP had agreed to acquire “substantially all of the company’s assets.”
The business briefs are compiled and edited by Business Editor Samantha Gowen. Submit items to sgowen@scng.com . High-resolution images can also be submitted. Allow at least one week for publication. Items are edited for length and clarity.
