ONTARIO, CA—The vacancy rate for industrial buildings under 100,000 square feet remains tight at 2.8% in the East Inland Empire and 2.2% in the West Inland Empire, reports Colliers International. As GlobeSt.com reported exclusively last week, vacancies are dropping and new construction soaring as logistics companies grow and e-retailers increase their appetites for large distribution and warehousing centers in the Inland Empire, according to the firm.

But there is still some availability for smaller space in this market. “These smaller buildings are the ones that tend to get overlooked when tenants and developers are discussing the Inland Empire market,” says Richard Schwartz, SVP for Colliers, who specializes in these submarkets. “There are a number of opportunities that tenants in this size range may be missing if they do not look here.”

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