The Inland Empire’s industrial market is exhibiting a healthier balance between supply and demand, with strong leasing activity across all size ranges and positive net absorption totaling nearly 3.6M square feet across the IE East and IE West submarkets in the three months of the year.
These strong fundamentals pushed the overall vacancy rate down to 6.6% in Q1 2025, the first decline in the category since the third quarter of 2022, CBRE reported.
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