Inland Empire Industrial Rents Drop Below $1 as Vacancy Hits 9.9% and Absorption Turns Negative

Inland Empire industrial asking rents slipped below $1 per square foot as vacancy edged up to 9.9 percent and move-outs in the eastern half of the region pushed third-quarter absorption into negative territory, even as tariff-delayed tenants triggered more than 3.6 million square feet of renewals.