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Job growth is heating up in the Inland Empire, and it is catalyzing big changes. One of the beneficiaries of this change: Fontana. The city is currently poised for significant population growth—in the double digits—thanks to the increasing jobs market. For retail investors, the population growth has meant opportunities to provide retail amenities in the growing market. For instance, a private investor from Northern California has acquired a 9,000-square-foot multi-tenant retail property in and area of Fontana where the population is expected to grow 20% .

“Job growth has been key to population growth. Several cities in the area, including Fontana, are ranked on WalletHub’s “2019’s Best Places to Find a Job,” Eric Wohl, EVP at Hanley Investment Group Real Estate Advisors and the broker on the 9,000-square-foot shopping center deal. “Additionally, low-cost housing is attracting millennials to purchase their first home. Several new residential developments in Fontana have been recently completed or are coming on-line in the near future.”

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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