• Year-over-year vacancy decreased to 9.9%, the first time crossing that threshold in 11 years.
  • A new 30-year lease approved in June for FedEx Express at Ontario International Airport includes plans for the company to invest nearly $100 million in its facility by 2020.
  • Ontario accounted for slightly more than half of the IE’s total net absorption. More than 30,000 sq. ft. leased in Ontario’s Transpark Office Center.