Vacancy rate of industrial big-box property in Inland Empire CA 2009-2023
The vacancy rate for big-box industrial real estate in Inland Empire, California, fell to a record low in 2022, followed by an increase in the first half of 2023. In 2022, less than 0.3 percent of big-box space in Inland Empire was vacant, compared to 2.5 percent in 2023. Despite the increase, this figure was significantly lower than the average for the country. Big-box buildings refer to large industrial buildings used for distribution.