Figures

Inland Empire Office Figures Q1 2026

Office fundamentals soften as slower leasing activity and large vacancies shape the market

April 9, 2026 5 Minute Read

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  • The Inland Empire office market softened in Q1 2026, with net absorption falling to negative 99,600 sq. ft. a 115,000 sq. ft. reversal from Q4 2025, as leasing slowed and large spaces returned to the market.
  • Vacancy increased modestly to 6.1%, up 40 bps QoQ, primarily driven by larger, space-intensive tenants continued to right-size their footprints.
  • Asking rents proved resilient, increasing $0.03 QoQ to $2.23 FSG per sq. ft., supported by the addition of large Class A availabilities with above-average pricing.
  • Despite near-term headwinds, the Inland Empire remains the only regional metro with a single-digit vacancy rate, reinforcing its relative strength within Southern California.