Industrial development in the Inland Empire is every bit the region’s premier economic driver that it’s been made out to be.
That’s the finding of a report by Beacon Economics in Los Angeles and the Pepperdine School of Public Policy, with an assist from two advocacy groups: the Supply Chain Federation in Santa Ana, and the Commercial Real Estate Development Association, formerly known as NAIOP.
Warehouses, logistics, and manufacturing account for 26 percent of the economy in Riverside and San Bernardino counties, according to The Industrial Ecosystem’s Economic Contributions to Southern California, a 51-page study released in June that also takes a deep dive into industrial development in Los Angeles and Orange counties…