Inland Empire Office Market
| Average Asking Rent (Price/SF/Mo) | $1.93 |
| Vacancy Rate (%) | 11.2% |
| Net Absorption (SF) | -17,947 |
Local vacancy’s increase is less steep compared to Los Angeles and Orange County, since the Inland Empire is insulated by virtue of its small market size, lack of new supply, and occupiers that service the local population. The region also does not have a large share of tech or startup companies, which lead neighboring markets in sublet availability.
Download Inland Empire Office Market Report 2Q21Inland Empire Industrial Market
| Average Asking Rent (Price/SF/Mo) | $0.77 |
| Vacancy Rate (%) | 1.7% |
| Net Absorption (SF) | 8,286,129 |
Prior to the pandemic, JIT was a popular strategy for distributors to increase efficiency and decrease waste by receiving goods only as they are needed, thereby reducing inventory costs. Today’s environment challenges the model.
Download Inland Empire Industrial Market Report 2Q21