Retail booming in Calif.’s Inland Empire

California’s Inland Empire region, east of Los Angeles, could create around 3,500 retail jobs this year, analysts say, and leasing has been stable there, as about 2 million square feet of retail has been absorbed since mid-2012. The pipeline includes a Wal-Mart Supercenter; a 280,000-square-foot, Target-anchored center; and a $200 million project with 72,000 square feet of retail space. The Inland Empire’s economy could expand by 4.2 percent annually for the next six years, making it the state’s fastest-growing, analytics firm IHS says. Read the SCT Newswire story here