Inland Empire Office Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Lee Associates
Quarterly office market indicators for Inland Empire, aggregated by PropZone from Cushman & Wakefield, Lee Associates. As of Q1 2026, average asking rent was $26.76/SF with a 11.2% vacancy rate.
Projected current office pricing — Inland Empire
low confidenceProjected asking rent
$12.36–$12.62/SF/yr
Estimated sale value
$150–$199/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Lee Associates data (cap rate 4.0%, asking rent trend-adjusted to today). Assumes ~97% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $26.76/SF | 11.2% | -4K SF | — | Cushman & Wakefield |
| Q1 2026 | $12.36/SF | 3.0% | 521K SF | — | Lee Associates |
| Q4 2025 | — | — | 2K SF | — | Cushman & Wakefield |
| Q3 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q2 2020 | — | — | 0K SF | 2K SF | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Inland Empire?
- As of Q1 2026, the average asking rent for office space in Inland Empire was $26.76/SF, per Cushman & Wakefield.
- What is the office vacancy rate in Inland Empire?
- The office vacancy rate in Inland Empire was 11.2% as of Q1 2026 (Cushman & Wakefield).
- Where does PropZone's Inland Empire market data come from?
- This report aggregates quarterly office market data for Inland Empire from Cushman & Wakefield, Lee Associates.
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