Jeff Cannon Jeff Cannon

The industrial construction pipeline in the Inland Empire has grown to 27 million square feet. According to a recent report from Savills, there is a total of 30 million square feet of industrial construction in all of Southern California, meaning the Inland Empire region accounts for a majority of the total development in the market.

"Demand is outpacing existing supply and the current development pipeline is around 40% pre-leased," Jeff Cannon, executive managing director at Savills, tells GlobeSt.com. "For properties larger than 500,000 square feet, in many cases, there are multiple users evaluating the same property. These conditions are pushing the significant uptick in construction activity."

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.