Commercial real estate in Southern California has always reflected the ebbs and flows of business confidence.
Today, across industrial buildings, office suites, and everything in between, we are in the middle of what I call “The Great Space Recalibration.” Companies are rethinking how much space they need, what kind of space they want, and how to make their real estate align with a changed economic landscape.
Industrial: For the past decade, industrial tenants in the Inland Empire and Orange County raced to secure more square footage. E-commerce boomed, imports through the ports surged, and vacancy rates fell to record lows. But the story has shifted.
Instead of expanding, many manufacturers and distributors are now optimizing. Automation, robotics , and better inventory management