Work will kick off shortly on a sprawling 1.45 million-square-foot warehouse project in Riverside County as the Inland Empire solidifies its position as one of the country’s premier distribution hubs. Though increasingly common, a 1-million-square-foot warehouse is still viewed as enormous — wooden warehouses built in the Inland Empire for the military during World War II were considered large at 80,000 square feet. From 2010 through 2016, 13 mega warehouses containing 1 million feet or more were built in the Inland Empire, CBRE said. Rumblings of potential policy conflicts between the Trump administration and big trading partners such as China and Mexico have yet to dampen enthusiasm for industrial property development in the Inland Empire. The Inland Empire is one of the best locations for such business.
Source: Los Angeles Times April 01, 2017 10:01 UTC