Inland Empire Industrial MarketView Insert Q3 2019
October 17, 2019
- Robust pre-leasing activity on new completions totaled over 2.9 million sq. ft. or 53% during Q3 2019 which helped boost occupancy gains immensely.
- The vacancy rate in the IE remained low, marking the eleventh consecutive quarter below 4.0%.
- At the end of Q3 2019, net absorption totaled 13.9 million sq. ft. with the Inland Empire East (IEE) accounting for 91%.