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Industrial Vacancy Rate Continues to Creep Upward, Sales and Leasing Activity Dwindles
Sales and leasing activity in the first quarter totaled 1.5 million SF, below the 2007 quarterly average of 2.5 million SF. In previous quarters, sales and leasing activity in the East Inland Empire was characterized by a handful of very large deals (400,000 SF+). These large deals were noticeably absent this quarter, resulting in low sales and leasing activity and also negative absorption for the region.
Contact Thomas Galvin at 909.937.6309 for more information.
  INDEIE08Q2.pdf
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