Industrial vacancy in California’s Inland Empire surpassed the national average in the first quarter of 2024, dragged upwards by supply additions and a contraction in occupancy. Tenants shed over 2 million square feet of space, logging the fourth-worst performance ever following record-setting occupancy losses two quarters prior.
Inland Empire Industrial Vacancy Rate Leads Among Many US Markets
Further Vacancy Expansion Faces the California Region as Tenant Demand Remains Soft
CoStar Analytics
April 1, 2024 | 7:55 P.M.
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