Ontario Industrial and Warehouse Rental Market
Ontario, CA is one of the Inland Empire cities with the highest Industrial Real Estate Activity. According to Voit Real Estate Services, Ontario currently has a vacancy rate of 2.61%, whereas the whole Inland Empire has a vacancy rate of 4.32%. There are currently 3,622,972 square feet of Industrial Space available for lease in Ontario. The whole inland empire has a total of 28,353,043 square feet available for lease. Ontario has an average industrial lease rate of $0.68 per square foot. In comparison, the lowest industrial space average lease rate in the Inland Empire was $0.22 PSF (Barstow, CA) and the highest is $1.16 per square foot (Adelanto, CA) during the same period. Other cities of high demand for industrial real estate in the Inland Empire are San Bernardino, Fontana and Corona.