ONTARIO, CA—The Inland Empire industrial market experienced robust growth throughout the first half of the year, says CBRE in a recent report.
Through the first six months of the year, the Inland Empire experienced more than 20 million square feet in gross absorption and more than 11 million square feet in net absorption, the firm says.
Tenant demand for product less than 500,000 square feet has continued to propel the market, and the continued surge in demand can be primarily attributed to tenants feeling more confident about leasing space in the region as, the economy continues on a solid footing the CBRE Marketview Q2 Inland Empire Industrial Market Report states:
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