Inland Empire Industrial Reports Highlight Productive 2019

The reports are in on a strong year in Southern California’s Inland Empire industrial markets that saw some softness in rising vacancy, with fundamentals indicating this will tighten in 2020. These inland submarkets east of Los Angeles and Orange County still remain the nation’s top performing region serving logistics-intensive distribution and manufacturing operators.

Key insights from Q4 2019 Industrial market reports reviewed include:

– CBRE: Vacancy Rate, 4.1 / Asking Rent PSF, $0.61 / Under Development, 19.1M SqFt
– Colliers International: Vacancy Rate, 3.5 / Asking Rent PSF, $0.70 / Under Development, 17M SqFt
– Kidder Mathews: Vacancy Rate, 5.4 / Asking Rent PSF, $0.75 / Under Development, 25M SqFt
– Transwestern: Vacancy Rate, 3.3 / Asking Rent PSF, $0.64 / Under Development, 21.6M SqFt

Most interesting fact included in a Q4 report? CBRE highlights the delivery of the region’s first built-to-suit multi-story industrial warehouse in Beaumont, CA, for a top ecommerce player.

Connect Industrial Midwest is coming to Rosemont, IL on March 4. For more information, or to register, click here.

For comments, questions or concerns, please contact Chris Egger