LOS ANGELES. WEST COAST POWERHOUSE.
The Los Angeles Market Office’s two primary markets are the Inland Empire in Southern California and the Central Valley market in Northern California. The office, which has a staff of six, is led by Alan Sharp, who has been with IDI for 18 years. It was established in 1995.
When combined, the Los Angeles and Inland Empire markets are the largest industrial market in the country. Transportation and logistics options are vast, including 1,700 miles of freeway connecting the cities of greater Los Angeles to key markets up and down the West Coast; the two busiest container ports in the country, which play key roles in the distribution of goods from Asia; the sixth busiest airport in the world and the second busiest cargo airport in the U.S.
CENTRAL VALLEY. CALIFORNIA’S GROWTH LEADER
Central Valley, the fastest growing region in California, is strategically located between the Port of Oakland and Sacramento. The port has undergone a massive dredging program to allow for larger ship access and resulting in more TEU (20-foot equivalent unit) capacity. The connectivity to the rest of the United States by Golden State Freeway 5 and I-80 makes the Central Valley an excellent alternative to Southern California ports. The Central Valley is rapidly becoming an important area for California’s expanding urban population. Since 1980, the population of the Central Valley has nearly doubled from 2 million to 3.8 million people. The Census Bureau projects that the Central Valley’s population will increase to 6 million people by 2020.