Snapshots

Tale of two markets

The Inland Empire industrial market has grown by more than 100 million square feet during the past 5 years, fueled by continued economic expansion and ever increasing US e-commerce sales, more specifically.

tale-of-two-markets
  • The Inland Empire industrial market has grown by more than 100 million square feet during the past 5 years, fueled by continued economic expansion and ever increasing US e-commerce sales, more specifically. As e-retailers and transportation-related tenants continue to grow their operations in response to these drivers, the Inland Empire industrial stock continues to skew toward the younger side. In the East Inland Empire, where available land affords developers more options, nearly 70 percent of the inventory was built after 2000. This compares to just 5 percent of the inventory in LA Central.
  • As the stock in neighboring LA continues to age, tenants will be forced to take a closer look at relocating eastward to the Inland Empire, where modern warehouses align more closely with shifting tenant needs. 

 
Source: JLL Research

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