IE Business Daily Business news for the Inland Empire.
The Inland Empire office market slowed during the first quarter.
Net absorption fell to negative 99,600 square feet, down from positive 15,100 square feet in the fourth quarter of 2025, according to CBRE.
Vacancy was 6.1 percent, up from 5.7 percent quarter-over-quarter. That modest increase was attributed to several large move-outs, not to a weak market.
“Despite the uptick, overall vacancy and availability across the Inland Empire remains low by historical standards,” the report states.
No office development was delivered, or was under construction, during the first quarter. The average lease rate of $2.23 a square foot was as essentially unchanged from the fourth quarter of 2025.
Low vacancy, and a strong demand from public-sector and institutional users, has created a strong balance of supply and demand in the Inland office market, according to CBRE.
