Driven by three significant move-ins net absorption in Colton totaled 50,117 sq. ft. in Q2 2019, making year-to-date absorption for the city 71,105 sq. ft.
Changing pace from Q1 2019, where Class A space was largely sought after, Q2 2019 reflected Class B as the supreme space.
There was more than 160,000 sq. ft. of leasing activity in Q2 2019 following a moderate start to the year, further lowering the IE overall vacancy rate to 8.6%, its fifth consecutive quarter in single digits.