Inland Empire Retail Figures Q2 2026

– Availability held steady at 6.9% in Q2 2026 for the second consecutive quarter, as leasing activity kept pace with new supply, reflecting balanced market conditions.

– Net absorption totaled 1,000 sq. ft. in Q2 2026, down from 510,000 sq. ft. in Q1 2026, as gains in neighborhood, community, and strip centers were largely offset by move-outs in lifestyle and mall properties following an outsized first quarter.

– Construction deliveries totaled 27,000 sq. ft. in Q2 2026, down from 269,000 sq. ft. in Q1 2026, as new projects continued to break ground to support sustained population growth.

– The average net asking rent held flat at $1.69 NNN per sq. ft. per month in Q2 2026 for the second consecutive quarter, as steady leasing activity and a growing inventory base kept market conditions balanced, limiting rent growth.

– Total retail investment sales reached $267.4 million in Q2 2026, down from $729.5 million in Q1 2026, as transaction volume normalized following the $530.9 million sale of Victoria Gardens, which significantly boosted investment activity in the prior quarter.