I.E. industrial vacancy rates keep rising, while rents fall
The fast-pace construction of industrial buildings in eastern San Bernardino and Riverside counties has made the real-estate market "a victim of its own success," according to a third-quarter report by commercial real-estate broker Colliers International.
About 20 percent of industrial buildings across the San Bernardino-Riverside metro area are empty, the report says, which is a clear sign that commercial developers overbuilt for the local market. Most professionals consider a 10 percent vacancy rate a healthy market.
The industrial vacancy rate in the Corona-Ontario-Rancho Cucamonga region stood at about 8 percent.
The report predicts vacancy rates to rise even more in the fourth quarter and rental rates to keep dropping.



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