January 28, 2020 Comments Off on Inland Empire Leads U.S. Industrial Top 100 2019 Views: 364 California News, Inland Empire

Inland Empire Leads U.S. Industrial Top 100 2019

The Inland Empire is at the top of the list of the 100 largest warehouse deals in the U.S. in 2019, with 21 lease transactions totaling 17.5 million square feet, according to a CBRE announcement.

E-commerce users accounted for 13 of the transactions, ranging in size from 598,000 to 1.4 million square feet. Additional growth also came from traditional retailers that implemented omni-channel strategies to satisfy the rise in online sales, as well as the expanding food and beverage industry.

Of the 100 largest warehouse deals in the IE, facilities leased by logistics and e-commerce companies accounted for 71 percent of the square footage transacted in 2019, for a total of more than 29.5 million sq. ft. Logistics activity remained strong in 2019, in part buoyed by steady demand from wholesalers and manufacturers of consumer goods, looking to move inventory from warehouse to end-user.

Connect With CBRE’s So Cal Logistics Team


Get CRE News in 150 words

For comments, questions or concerns, please contact Chris Egger

Tags: , , ,

Comments are closed.

Send this to a friend