• The top spaces throughout the Inland Empire (IE) were leased, which pushed down Class A property vacancy to 9.6%, its lowest point on record. 
  • Riverside led the region’s office market with 123,931 sq. ft. annual net absorption and a decline in vacancy by 190 basis points (bps) to 9.3% year over year.
  • Rancho Cucamonga’s vacancy declined to its lowest point in more than a decade to 5.0%.