June 8, 2015
We were told at Connect Los Angeles that the Inland Empire has the third-fastest growing economy in the United States. Much of this has do with its booming industrial commercial real estate sector.
This could be the biggest year of warehouse construction in the area’s history, said an official at Coldwell Banker Commercial Sudweeks Group, in Redlands. Amazon.com is creating a lot of jobs and building distribution centers in the area.
But other firms are building as well. There has been just over 14 million square feet leased so far this year, while the total in 2014 was a little more than 22 million square feet.