IE Industrial Growth
In July of 2016, Andrew Willams presented the State of the Inland Empire Industrial Market Mid-Year Review for CoStar.
Southern California's Inland Empire assumed its customary position as the top U.S. construction market for industrial space with 10 million square feet added in the second quarter, nearly 30% of which was preleased. This compares to 14 buildings totaling 2,658,853 square feet that were completed in the first quarter 2016, 15 buildings totaling 6,030,518 square feet completed in the fourth quarter 2015, and 9,262,061 square feet in 19 buildings completed in the third quarter 2015.
Our reports are available for download at the links above.