More Positive Inland Empire News
December 15, 2011
It is a rare thing when I see a headline in a major print media that references the Inland Empire - unless it is listing us as the foreclosure capital. However on December 7, 2011, in the Wall Street Journal, on the Property Report page, a small article by Matthew Strozier was entitled "Stirrings in the Inland Empire".
Mr Strozier's piece discussed the fact that developers are moving forward with the region's first speculative warehouse and distribution center since the downturn. According to the article, the Inland Empire is the country's seventh largest warehouse market and leasing appears to be headed to an increase over last year's volume.
For those of us who inhabit the Inland Empire, we are well aware of the large number of warehouses that were built during the boom years. It is a fact of the economy of our region that the Riverside/San Bernardino areas are a major player in the distribution of goods that enter or leave the ports of Los Angeles and Long Beach. We can deplore the way that these massive structures use up our land and replace our citrus groves but they seem to be an important element in our present and future economy.
It is a rare thing when I see a headline in a major print media that references the Inland Empire - unless it is listing us as the foreclosure capital. However on December 7, 2011, in the Wall Street Journal, on the Property Report page, a small article by Matthew Strozier was entitled "Stirrings in the Inland Empire".
Mr Strozier's piece discussed the fact that developers are moving forward with the region's first speculative warehouse and distribution center since the downturn. According to the article, the Inland Empire is the country's seventh largest warehouse market and leasing appears to be headed to an increase over last year's volume.
For those of us who inhabit the Inland Empire, we are well aware of the large number of warehouses that were built during the boom years. It is a fact of the economy of our region that the Riverside/San Bernardino areas are a major player in the distribution of goods that enter or leave the ports of Los Angeles and Long Beach. We can deplore the way that these massive structures use up our land and replace our citrus groves but they seem to be an important element in our present and future economy.
posted by shirley harry at 9:06 AM
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