Lee & Associates Riverside Releases Fourth Quarter Industrial Market Summary

January 14, 2014

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Torrance, CA – January 14, 2014 – (RealEstateRama) — The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, has released its fourth quarter 2013 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire.<span id="more-2859"></span></p> <p>The summary, which reports activity and gross absorption exhibiting stabilized market trends, shows absorption in 2013 just under 14.8 million square feet surpassed the figures seen in 2012, and represents the largest amount of SF absorbed annually in the history of the marketplace. The report also indicates that investors will be extremely active in the new year as the industrial market in the East Valley is positioned extremely well as it reaps the benefits as a manufacturing and distribution hub.</p> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="51%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/US-National/Lee+Associates.html" target="_blank" rel="nofollow"><font color="#3300FF">Lee & Associates in National News</font></a></h5> </td> <td width="49%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/Social/Lee+Associates.html" target="_blank" rel="nofollow"><font color="#D50000">Lee & Associates in Social Media</font></a></h5> </td> </tr> </table> <p>“This report further indicates that we are well on our way to full recovery,” said Lee & Associates Riverside President David Illsley. “Demand is keeping pace with new supply, vacancy rates remain steady at 5.88 percent and we expect 2014 to continue on this path of growth and stabilization in the market.”</p> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="100%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/California/Lee+Associates.html" target="_blank"><font color="#3300FF">Lee & Associates in California News</font></a></h5> </td> </tr> </table> <p>Gross activity in the fourth quarter was just under 7.8 million square feet, with investment purchases and lease renewals accounting for 34 percent of the total. The fourth quarter summary, which was prepared by Caroline Payan, director of marketing and research of Lee’s Riverside office, found that the average asking sale prices per square foot increased, and asking lease rates remained stable. Asking sales prices per square foot and asking lease rates are expected to increase steadily during 2014, driven by continued positive absorption. For more information on the Riverside industrial market, visit Lee & Associates Riverside’s website at: http://resources.leeassociates.com/asp/user/website/officeprofile.asp?officeid=4982</p> <p><strong>About Lee & Associates</strong><br /> Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 750 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at <a href="http://www.lee-associates.com" target="_blank">www.lee-associates.com</a>. <br />+</p>  <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script><div class="td-g-rec td-g-rec-id-content_bottom"> <script type="text/javascript"> var td_screen_width = document.body.clientWidth; if ( td_screen_width >= 1024 ) { /* large monitors */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width >= 768 && td_screen_width < 1024 ) { /* portrait tablets */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width < 768 ) { /* Phones */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:300px;height:250px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); 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block_td_uid_6_676820d124037.td_column_number = "1"; block_td_uid_6_676820d124037.block_type = "td_block_2"; block_td_uid_6_676820d124037.post_count = "4"; block_td_uid_6_676820d124037.found_posts = "4100"; block_td_uid_6_676820d124037.header_color = "#"; block_td_uid_6_676820d124037.ajax_pagination_infinite_stop = ""; block_td_uid_6_676820d124037.max_num_pages = "1025"; tdBlocksArray.push(block_td_uid_6_676820d124037); </script><div class="td_block_wrap td_block_2 td_block_widget td_block_id_3368476966 td_uid_6_676820d124037_rand td_with_ajax_pagination td-pb-border-top"><h4 class="block-title"><span>Recent Government & Nonprofit Press Releases</span></h4><div id=td_uid_6_676820d124037 class="td_block_inner"> <div class="td-block-span12"> <div class="td_module_4 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="td-module-image"> </div> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/napolitanos-statement-on-trump-administrations-attack-on-clean-water-ID09898.html" rel="bookmark" title="Napolitano’s Statement on Trump Administration’s Attack on Clean Water">Napolitano’s Statement on Trump Administration’s Attack on Clean Water</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/california">California RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-05T00:04:12+00:00" >July 5, 2019</time></div> </div> <div class="td-excerpt"> Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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