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While retail is struggling in some areas, it is thriving in Rancho Cucamonga, which has become one of the most popular retail markets in the Inland Empire.
There's still room to run, though for US-based investors, the upcycle might be getting a little long in the tooth. And foreign investors are loving it.
Demand has focused on large-box industrial product, but the stability of the economy is now fueling the expansion of smaller companies in need of smaller industrial spaces.