A recent report from CommercialEdge found the Inland Empire had closed $4.06 billion in warehouse deals at an average price of $301 per square foot this year through October. Port markets like those in Southern California also continue to lead the country in rent growth, and the Inland Empire's rents rose 11.6 percent over the 12-month period ending in October. Earlier this year, Best Buy signed a lease to occupy all 501,649 square feet in the larger industrial park named LogistiCenter at Eastvale, and in the summer, Rexford Industrial Realty acquired a new 1.1 million-square-foot complex for $471.7 million, or $445 per square foot. Colliers ' Michael Kendall, Gian Bruno, Kenny Patricia, Steve Bellitti, Tom Taylor, and Joey Jones provided market expertise and brokered the sale on behalf of the seller.