IE industrial vacancy climbs to 8.5%, more than double the 10-year norm

Cushman & Wakefield: The Inland Empire industrial vacancy rate hit 8.5% in Q1 2026, up 50 basis points from the prior quarter, according to Cushman & Wakefield's latest MarketBeat from research director Jolanta Campion. That's more than double the market's 10-year average of 4.0%.

The number tells the same story brokers have watched for three years: a wave of new construction met softening demand, and the gap is still widening. Empty space keeps piling up as tenants vacate older buildings and consolidate into newer, automated product near the ports.