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Market Trend: Inland Empire’s Retail Vacancy Decreases to 8.7%

The Inland Empire retail market experienced a slight improvement in market conditions in the third quarter 2013. The vacancy rate went from 8.9% in the previous quarter to 8.7% in the current quarter.

Net absorption was positive 343,466 square feet, and vacant sublease space decreased by 89,076 square feet. In second quarter 2013, net absorption was positive 149,165 square feet.

Tenants moving into large blocks of space in 2013 include:…

via Inland Empire Commercial Real Estate News From CoStar Group

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