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California  + Inland Empire  + Industrial  | 
Industrial activity in the Inland Empire's East Valley is expected to remain strong throughout 2022

Inland Empire’s East Valley Industrial Maintains Unprecedented Growth 

The Inland Empire’s East Valley industrial market continued its unprecedented growth during the first quarter of 2022, according to a report from Lee & Associates Riverside. Gross activity in Q1 was 11.9 million square feet, with investment purchases and lease renewals accounting for 60% of the total.  

Q1’s absorption stood at 4.77 million square feet, compared to 5.0 million square feet during the same period last year, wrote Lee Riverside’s Caroline Payan. With total absorption for 2021 outpacing the previous year, the industrial market is expected to hold strong throughout the current year. 

Lee & Associates Riverside president Dwight Hotchkiss said, “The tremendous momentum in the industrial market has continued to bring lease rates and sale prices to all-time highs. With vacancy rates at or below 1%, and construction unable to keep up with demand, we expect to see this trend continue throughout 2022.” 


Inside The Story

Lee Riverside's Payan

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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