3Q 2025 Inland Empire Industrial Market: Key Data Points
Explore our full Inland Empire industrial market review for deeper insights into leasing trends, sale activity, and submarket performance.
- Leasing Activity Holds Steady: Inland Empire recorded 6.7M SF of leasing in Q3 2025, led by major deals from Maersk and iDC Logistics.
- Vacancy Rate Rises Year-over-Year: Direct vacancy reached 7.3%, up from 6.3% in Q3 2024—a 15.5% increase.
- Net Absorption Turns Negative: Net absorption was -2.6M SF, reflecting lagging backfills and move-outs.
- Average Asking Rent Stable: 8.4M SF under construction, with marquee projects like Speedway Commerce Center (1.81M SF) and Perris Gateway (855K SF) underway.
- Sales Prices Remain Firm: Notable sales included Harley Knox Gateway at $260/SF and Rochester Park portfolio at $275/SF.
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