Inland Empire industrial market report

Q3 2025

Investment activity in the Inland Empire industrial market picked up in Q3 2025, with 47 transactions totaling over $973.8 million, marking the fourth consecutive quarter of rising deal volume. Investor interest is focused on well-located, stabilized assets offering strong cash flows and attractive rents. Sales volumes reflect optimism in current market conditions, as capital continues to flow into the sector.

619.8m sf

Inventory

There is currently 10 million square feet of industrial product under construction. In total, there is 619.8 million square feet of industrial product in the Inland Empire.

1.9m sf

Net absorption

During Q3 2025, the Inland Empire industrial market rebounded with 1.9 million square feet of positive net absorption.

$1.07/sf NNN

Asking rent

Rental rates in the Inland Empire have declined 31.8% from their 2023 peak of $1.57/SF to $1.07/SF, reflecting softer demand and heightened tenant selectivity as the market recalibrates from record highs.

13.8%

Availabilities

Total available direct and sublet space concluded the second quarter at 10.8% and 3.0%, respectively.

8.6%

Vacancy

Total vacancy this quarter registered at 8.6% with 7.5% being direct and 1.1% being sublet.

$973.8m

Investment activity

Investment activity gained momentum in Q3 2025, with 47 transactions totaling over $973.8 million.

Your source for the latest Inland Empire industrial real estate reports

Stay on top of current trends affecting the industrial real estate sector in Inland Empire. Gain an overall better understanding of Inland Empire's industrial real estate market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in industrial real estate in Inland Empire.

Here, you’ll always find the latest industrial real estate market news so you can stay ahead. Come back often to see expert insights on the current and future of Inland Empire industrial real estate market.

Get the latest Inland Empire industrial market reports right in your inbox