San Bernardino

Inland Empire - CA USA - Industrial Submarket

Industrial real estate intelligence for the San Bernardino submarket. 106.6M SF of inventory with 11.5% vacancy. Data sourced from various MLS platforms.

106.6MSF

Inventory

13.9MSF

Available

11.5%

Vacancy

12.9%

Availability Rate

$10.68

Asking Rent

-2.5%

Rent Growth

990KSF

12mo Absorption

612KSF

Under Construction

Market Metrics

12mo Delivered

1.4M SF

Under Constr % of Inv

0.6%%

Sale Price/SF

$250

Cap Rate

4.8%%

12mo Sales Volume

$377,810,286

Sales Vol Growth

-20.7%

Asset Value

$26,819,933,464

Net Absorption

+990K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Santa Clara Data Center/SFO2-B	$55.0M	128,780	CSquare
Santa Clara Data Center/SFO2-A	$42.0M	95,725	CSquare
SV3	$86.3M	103,420	Invesco Ltd.
3205 Bassett St	$13.3M	33,257	StratCap Digital Infrastructure REIT, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Building II	67,038	$11.31 - 13.82 (Est.)	Helms Development
Building I	195,021	$11.31 - 13.82 (Est.)	Helms Development
9 First American Way	49,382	$16.45 - 20.10 (Est.)	First American Financial Corporation

Data Centre Development Potential

High vacancy (11.5%) in San Bernardino may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 612K SF indicates developer confidence in the submarket. Positive net absorption of 990K SF over the past 12 months signals healthy demand fundamentals.