• New completions reached 12.8 million sq. ft., slightly increasing vacancy but was offset by strong demand with year-to-date positive net absorption reaching over 10.2 million sq. ft. For the sixth consecutive quarter, vacancy remained below 4.0% due to demand keeping pace with new supply.
  • As available supply for larger facilities in the Inland Empire West (IEW) becomes limited, many prospective and expanding users may have to look to the Inland Empire East (IEE) for options.
  • Year-to-date gross activity of 22.1 million sq. ft. surpassed 2017’s volume by 13.0% in the same time span.