As Q4 2017 data and reports are released, one thing is clear: the Inland Empire industrial market shows no signs of slowing down. The region has now recorded over 18 million square feet of net absorption for four consecutive years – the strongest run on record.
5 Facts You Need to Know:
Predictions for 2018 all point to another strong year due to the explosive growth of eCommerce and strong trade volume at the Port of Los Angeles and the Port of Long Beach.
“In 2017, trade volume at the combined Ports of Los Angeles and Long Beach totaled 16.9 million TEUs, 8.0% higher than last year,” said Tina Arambulo, Industrial Research Director at Cushman & Wakefield. “Both ports posted historical high volume in 2017. Healthy demand from logistics and distribution users will continue to fuel growth in the region.”
Click HERE to view the Q4 2017 Inland Empire Industrial MarketBeat
For more information, please contact:
Industrial Research Director, Los Angeles Basin
+1 310 525 1918