With vacancy rates at zero percent, and sublease rates at one percent, industrial/business park space in Menifee is in high demand. This demand, coupled with available land zoned for industrial/business park usage offered at competitive pricing, creates the perfect opportunity for business park developers.
"We are actively seeking developers to fill this regional need."
--Gina Gonzalez,
Economic Development Manager
"Menifee's Office of Economic Development receives requests for industrial/business space every week, and unfortunately, we have limited offerings to accommodate the requests," said Economic Development Manager Gina Gonzalez. "Businesses want to locate in Menifee for the easy access off of the I-215, proximity to major Southern California airports, ports and major cities, and for Menifee's strong community and quality housing for their employee base."
Menifee has been working to attract clean technology, manufacturing and light industrial businesses, but development is not keeping up with demand. Commerce Pointe Menifee Phase I, a 612,000 square foot business park, is currently under construction, and will provide much needed office and light industrial space once the project is completed in 2018.
"Given the high demand for space, Commerce Pointe Menifee will only begin to meet the need," said Gonzalez. "We are actively seeking developers to fill this regional need."
