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Why Victorville is Considered The ‘Next Frontier’ For Industrial Development

As stated in CoStar News, March 10, 2023, Victorville is teeming with industrial development as Southern California’s appetite for this type of real estate grows. At least three projects totaling roughly 2.8 million square feet have been proposed in Victorville, California, since December 2022, expanding the city’s existing industrial real estate footprint by 26%, according to public documents and CoStar data. The city is emblematic of the boom in demand for warehouse space in the Inland Empire. It’s a critical area for industrial real estate near greater Los Angeles, the nation’s most valuable market of that property type by asset value, according to CoStar data. Industrial rents are more affordable in the Inland Empire, and land tends to be more plentiful for industrial development, making way for newer and larger construction than in Los Angeles County. The recently proposed industrial projects in Victorville include:

  • a roughly 1.1 million-square-foot development on 66 acres at Mojave Drive and Onyx Road
  • a roughly 1 million-square-foot development on 52 acres at 15980 Bear Valley Road
  • a roughly 816,000-square-foot warehouse on 40 acres west of Stoddard Wells Road and south of Abbey Lane.
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