Southern California Industrial ViewPoint_The Ripple Effect of the Inland Empire Industrial Market on Southern California_August 2016
The industrial real estate market in Southern California, principally the Inland Empire, is a leading indicator of the overall health and direction of the commercial estate real market in Southern California.
The Inland Empire's industrial base growth has played an important role in import volume growth historically due to the market’s role in the supply chain and ability to serve multiple markets.
Unlike the industrial recovery, retail vacancies have yet to return to pre-recession lows. This lag is due in part to the e-commerce boom spurred by consumers favoring the convenience of online shopping over brick and mortar stores.
Since the recession, the IE industrial market serves as a foundation for growth in the commercial real estate industry and economy, helping to spawn life and vitality in the region.