Custom Goods renews Jurupa Valley

Custom Goods has renewed its lease for an 886,055-square-foot warehouse at 11640 Harrel St. in Jurupa Valley, keeping one of the Inland Empire’s larger logistics users in place. (theregistrysocal.com) The building sits in the Riverside submarket and was previously tied to a roughly 886,000-square-foot lease signed by Custom Goods in November 2020. CoStar’s deal record and current property databases both point to the same address and size. (costar.com) (property.compstak.com) Custom Goods lists the Jurupa Valley site as “Building 24” in its California network, with 112 dock doors, 193 trailer spots and a 36-foot clear height. The company says it has operated for more than 60 years and provides warehousing, transportation and freight-forwarding services. (custom-goods.com 1) (custom-goods.com 2) The renewal lands in a softer Inland Empire industrial market than the one Custom Goods entered in 2020. Cushman & Wakefield put Inland Empire industrial vacancy at 8.5% in the first quarter of 2026, up from a 10-year average of 4.0%. (cushmanwakefield.com) Landlords have been cutting terms to hold tenants as supply rose and occupiers got pickier. Avison Young said average lease rates in the Inland Empire fell to $1.15 per square foot in the fourth quarter of 2024, down 26.7% from their 2023 peak, while total availability reached 12.7%. (avisonyoung.us) That backdrop has made renewals more valuable for owners and less disruptive for tenants running large distribution networks. A Riverside County economic development report said Inland Empire vacancy climbed from 1.3% in mid-2022 to 7.0% by the second quarter of 2024 as more than 35 million square feet of new industrial space delivered and demand cooled. (rivcoed.org) The same county-backed report said occupancy losses were hit by closures from several third-party logistics firms, including Performance Team, NFI Industries and Distribution Alternatives. Against that pullback, keeping an 886,055-square-foot user in place stands out as a concrete retention win in Jurupa Valley. (rivcoed.org) For Custom Goods, the choice avoids moving a facility built around high trailer counts, dock capacity and access to the Inland Empire freight corridor. For the submarket, it keeps a major third-party logistics tenant operating from the same Harrel Street building it has occupied since 2020. (custom-goods.com) (costar.com)