Inland Empire Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Kidder Mathews, Newmark, Cushman & Wakefield, Colliers, JLL, Savills, CBRE, Matthews
Quarterly industrial market indicators for Inland Empire, aggregated by CREhunt from Kidder Mathews, Newmark, Cushman & Wakefield, Colliers, JLL, Savills, CBRE, Matthews. As of Q2 2026, average asking rent was $11.76/SF/yr and vacancy was 8.6%, per Kidder Mathews.
Projected current industrial pricing — Inland Empire
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 multiple brokerages data (cap rate 4.7%, asking rent held flat). Assumes ~91% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Kidder Mathews | $11.76/SF/yr | 8.6% | -187K SF | 6.9M SF | Kidder Mathews |
| Q2 2026 Newmark | — | 8.3% | 1.2M SF | — | Newmark |
| Q2 2026 Cushman & Wakefield | $12.36/SF/yr | 8.8% | -1.5M SF | — | Cushman & Wakefield |
| Q1 2026 Colliers | — | 2.8% | 2 SF | — | Colliers |
| Q1 2026 JLL | $12.48/SF/yr | 8.5% | — | — | JLL |
| Q1 2026 Savills | — | 9.9% | — | — | Savills |
| Q1 2026 CBRE | $13.08/SF/yr | 7.8% | — | — | CBRE |
| Q4 2025 Cushman & Wakefield | $13.20/SF/yr | 8.1% | — | — | Cushman & Wakefield |
| Q4 2025 Savills | — | 9.4% | 883K SF | — | Savills |
| Q4 2025 Newmark | — | 8.1% | 5.7M SF | — | Newmark |
| Q3 2025 Cushman & Wakefield | $13.44/SF/yr | 7.8% | — | — | Cushman & Wakefield |
| Q3 2025 Matthews | $13.10/SF/yr | 8.4% | — | — | Matthews |
| Q3 2025 Newmark | — | 8.1% | 45K SF | — | Newmark |
| Q3 2025 Savills | — | 9.3% | 0 SF | — | Savills |
| Q2 2025 Newmark | — | 7.8% | 607K SF | — | Newmark |
| Q1 2025 Newmark | — | 7.6% | 2.2M SF | — | Newmark |
| Q4 2024 Cushman & Wakefield | $15.36/SF/yr | 8.0% | — | — | Cushman & Wakefield |
| Q4 2024 Newmark | — | 7.0% | 4.1M SF | 17.0M SF | Newmark |
| Q3 2024 Newmark | — | — | 146K SF | 18.0M SF | Newmark |
| Q2 2024 Newmark | — | — | 3.3M SF | 17.0M SF | Newmark |
| Q1 2024 Cushman & Wakefield | $15.60/SF/yr | 6.3% | 975K SF | — | Cushman & Wakefield |
| Q1 2024 Newmark | — | — | -2.6M SF | — | Newmark |
| Q4 2023 Newmark | — | — | 5.9M SF | — | Newmark |
| Q3 2021 Cushman & Wakefield | $10.80/SF/yr | 1.0% | — | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Inland Empire industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| 100,000 – 249,999 SF | $1.01/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| 25,000 – 49,999 SF | $1.04/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| 250,000 – 499,999 SF | $0.94/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| 5,000 – 24,999 SF | $1.08/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| 50,000 – 99,999 SF | $1.03/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| 500,000 – 999,999 SF | $0.96/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Banning | $0.91/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Beaumont | $0.70/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Chino/Chino Hills | $1.05/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Colton | $0.96/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Corona | $1.16/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| East | $0.91/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Eastvale | $1.24/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Fontana | $0.96/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Hemet | $1.20/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Inland Empire East | $1.04/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Inland Empire South | $1.13/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Inland Empire West | $1.14/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Jurupa Valley | $1.08/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Lake Elsinore | $0.95/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Loma Linda | $0.97/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Mira Loma | $1.05/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Montclair | $1.04/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Moreno Valley | $0.90/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Murrieta | $0.93/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Norco | $0.99/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Ontario | $1.08/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Perris | $0.97/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Rancho Cucamonga | $1.08/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Redlands | $0.85/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Rialto | $0.93/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Riverside | $0.91/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| San Bernardino | $0.90/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| San Jacinto | $0.85/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| South | $1.04/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Temecula | $1.08/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Upland | $0.91/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| West | $1.06/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Wildomar | $1.15/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Inland Empire industrial did not fully agree. On vacancy, the sources span 0.5 points — from 8.3% (Newmark) to 8.8% (Cushman & Wakefield). Asking-rent estimates differ by $0.60/SF/yr — from $11.76/SF/yr to $12.36/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Kidder Mathews | 8.6% | $11.76/SF/yr | — |
| Cushman & Wakefield | 8.8% | $12.36/SF/yr | — |
| Newmark | 8.3% | — | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in Inland Empire?
- As of Q2 2026, the average asking rent for industrial space in Inland Empire was $11.76/SF/yr, per Kidder Mathews.
- What is the industrial vacancy rate in Inland Empire?
- The industrial vacancy rate in Inland Empire was 8.6% as of Q2 2026 (Kidder Mathews).
- Where does CREhunt's Inland Empire market data come from?
- This report aggregates quarterly industrial market data for Inland Empire from Kidder Mathews, Newmark, Cushman & Wakefield, Colliers, JLL, Savills, CBRE, Matthews.
- How much do brokerage estimates differ for industrial space in Inland Empire?
- For Q2 2026, the brokerage sources CREhunt aggregates for Inland Empire did not fully agree. On vacancy, the sources span 0.5 points — from 8.3% (Newmark) to 8.8% (Cushman & Wakefield). Asking-rent estimates differ by $0.60/SF/yr — from $11.76/SF/yr to $12.36/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.