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Port of Long BeachThe Inland Empire is leading the nation in large industrial leases. According to a new report from CBRE, the Inland Empire had 21 of the top 100 industrial deals in the US last year, a total of 21 deals and 17.5 million square feet. The closest market was Pennsylvania’s I-78 corridor with 13 deals totaling 10 million square feet.

“The ports are the biggest driver of our growth. We did 16 million TEUs last year through the ports, and historically, we have done 14 million TEUs,” Daniel De La Paz, EVP at CBRE, tells GlobeSt.com. “The ports of New Jersey and New York, which are the second largest ports in the US, the volume is half of what our ports do. That is largely because of the Asian trade volumes. As a result, a lot of those goods get put in the Inland Empire.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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