The annual taking rent per square foot of big-box building in Inland Empire, California saw two years of dramatic increase in 2021 and 2022, followed by a decline in 2023. From 6.59 U.S. dollars in 2020, rents soared to 19.31 U.S. dollars per square meter in 2022. In 2023, rents declined by about 14 percent, reaching 16.54 U.S. dollars per square meter. Despite the decline, that was significantly higher than the national average during the same period. Big-box buildings refers to large industrial buildings used for distribution.
Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023
(in U.S. dollars)
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Colliers International. (July 16, 2024). Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/
Colliers International. "Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023 (in U.S. dollars)." Chart. July 16, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/
Colliers International. (2024). Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/
Colliers International. "Annual Taking Rent per Square Foot of Industrial Big-box Property in Inland Empire, California from 2009 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 16 Jul 2024, https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/
Colliers International, Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/ (last visited December 04, 2024)
Annual taking rent per square foot of industrial big-box property in Inland Empire, California from 2009 to 2023 (in U.S. dollars) [Graph], Colliers International, July 16, 2024. [Online]. Available: https://www.statista.com/statistics/753041/taking-rent-per-sf-of-big-box-buildings-inland-empire/
