IE Business Daily Business news for the Inland Empire.
Nearly 300 people attended the 23rd Annual Market Review & Forecast last month.
The event, sponsored by the AIR Commercial Real Estate Association, features a comprehensive, region-by-region look at the current state of the Southern California industrial market, according to a statement.
Ron Washle, senior managing director of Newmark Grubb Knight Frank Ontario, told the gathering at the Jonathan Club in downtown Los Angeles that the Inland Empire accounted for 8.5 percent of all U.S. industrial development last year.
Washle also noted that nine industrial transactions of 950,000 square feet or larger were completed in Riverside and San Bernardino counties last year, largely because of the growing e-commerce market.
