Net retail absorption, or the amount of space occupied in 2013, was 1.1 million square feet or a 22 percent increase compared to 2012, according to Brad Umansky, a real estate broker who owns Rancho Cucamonga-based Progressive Real Estate Partners.
By Neil Nisperos, Inland Valley Daily Bulletin
Posted: 02/08/14, 11:11 AM PST | Updated: 1 day ago
As it recovers after the Great Recession, the Inland Empire’s retail sector is also changing.
The vacancy rate of retail shopping space in San Bernardino County in 2013 was about a half percentage point lower than it was in 2012, experts said.
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