🏭 PERRIS INDUSTRIAL MARKET REPORT
LOGISTICS POWERHOUSE OF THE INLAND EMPIRE
🚛 MARKET MAGNETISM: THE PERRIS PHENOMENON
Welcome to Perris, California – the industrial epicenter that’s redefining logistics excellence in the Inland Empire! This distribution dynamo continues to attract mega-deals and Fortune 500 commitments, establishing itself as the ultimate “Logistics Launchpad” for Southern California’s supply chain supremacy.
Located at the strategic crossroads of major transportation arteries, Perris has become the “Golden Triangle Gateway” where rail, highway, and air logistics converge in perfect harmony. With over 22.5 million square feet of available industrial space actively circulating in the market, this powerhouse city is experiencing unprecedented “Warehouse Magnetism.”
💰 BLOCKBUSTER ACQUISITIONS: THE BIG-TICKET BONANZA
🎯 TOP 5 INDUSTRIAL MEGA-PURCHASES
🏗️ 1. ANATOLIA CAPITAL CORPORATION’S DISTRIBUTION DOMINATION
- Property Name: IDI Logistics Development Site
- Acquisition Price: $98.9 Million
- Square Footage: 1,400,000 SF (Future Development Rights)
- Property Details: 67.5-acre mega-site with full entitlements for distribution center construction
- Strategic Significance: Single largest acquisition demonstrating institutional confidence in Perris “Logistics Leadership”
🏗️ 2. DSV LOGISTICS’ CALIFORNIA CONQUEST
- Property Name: IDI Logistics Planned Warehouse Complex
- Acquisition Price: $107 Million
- Square Footage: 1,400,000 SF (Development Potential)
- Property Details: 66-acre site with full entitlements in Southern California’s Inland Empire
- Strategic Significance: Danish logistics giant’s major US expansion establishing “International Industrial Footprint”
🏗️ 3. NEWCASTLE PARTNERS’ STRATEGIC DISPOSITION
- Property Name: Harley Knox Logistics Center
- Transaction Price: $16.35 Million
- Square Footage: 147,000 SF
- Property Details: 17610 Harvill Avenue, Class A industrial facility fully leased to Hardwoods Specialty Products
- Strategic Significance: Premium income-producing asset sale demonstrating “Investment Grade Excellence”
🏗️ 4. FIRST INDUSTRIAL REALTY TRUST’S MEGA-DEVELOPMENT
- Property Name: South Perris Distribution Center (Development Site)
- Land Acquisition: 16.26 contiguous acres of industrial zoned land
- Development Size: 315,000 SF industrial distribution center
- Strategic Significance: NYSE-listed REIT’s major development bet on Perris “Distribution Destiny”
🏗️ 5. AVISON YOUNG BROKERED INDUSTRIAL SALE
- Property Name: 100 Walnut Avenue Industrial Building
- Square Footage: 205,589 SF
- Property Details: Newly developed industrial building in prime Perris location
- Strategic Significance: Newly constructed Class A facility demonstrating “Development Demand Dynamics”
📋 LEASING LIGHTNING: MEGA-TENANT COMMITMENTS
🎯 TOP 5 INDUSTRIAL LEASE SENSATIONS
🚚 1. NFI INDUSTRIES’ MEGA-RENEWAL
- Tenant: NFI Industries (Supply Chain Solutions Provider)
- Lease Details: 864,000-square-foot lease renewal
- Property Name: Perris Distribution Center
- Landlord: Ares Management (formerly Black Creek Group)
- Strategic Impact: Major supply chain operator’s long-term “Mega-Scale Commitment” to Perris
📦 2. AMAZON’S INLAND EMPIRE EXPANSION
- Tenant: Amazon.com Inc.
- Lease Details: Nearly 1.2 million square feet of Class A industrial space
- Developer: CapRock Partners
- Market Region: Inland Empire (Multi-Location Strategy)
- Strategic Impact: E-commerce giant’s “Distribution Dominance” expansion
🏭 3. AMAZON’S DUAL MEGA-LEASES
- Tenant: Amazon.com Inc.
- Lease Details: Two distribution warehouses of 1 million square feet each
- Property Locations: 4000 South Hamner Avenue, Ontario and 6120 Clinker Drive, Jurupa Valley
- Strategic Impact: “Twin Towers of Logistics” establishing regional supply chain supremacy
📦 4. TARGET DISTRIBUTION ANCHORING
- Tenant: Target Corporation
- Property Role: Major anchor tenant in multi-tenant industrial complex
- Co-Tenants: Hobby Lobby, LA Fitness, Ross Dress for Less, Michaels, HomeGoods
- Strategic Impact: Fortune 500 “Anchor Tenant Excellence” driving industrial clustering
🚛 5. NEWMARK-BROKERED MEGA-RENEWAL
- Transaction Size: 864,000-square-foot industrial lease renewal
- Brokerage Team: Mark Kegans, Ron Washle, and Dean Washle of Newmark
- Property Type: Class A distribution facility
- Strategic Impact: Major institutional “Lease Extension Leadership” demonstrating market confidence
🔥 LOGISTICS ACCELERATION ZONE
TRANSPORTATION TRIUMPH: Perris continues to leverage its “Tri-Modal Advantage” with seamless connectivity to major rail lines, Interstate corridors, and regional airports. This “Connectivity Crown Jewel” status makes it the ultimate “Last-Mile Launch Pad” for Southern California distribution.
DEVELOPMENT DYNAMISM: The city’s pro-business development policies have created an “Industrial Investment Oasis” where major projects receive streamlined approvals and infrastructure support. Current projects are generating thousands of jobs while enhancing the region’s logistics infrastructure.
MARKET MOMENTUM: With Amazon signing at least three 1 million-square-foot industrial leases this year across Southern California, the mega-tenant trend is accelerating throughout the Inland Empire, positioning Perris for continued “Logistics Leadership.”
🎯 THE PERRIS ADVANTAGE: INDUSTRIAL INTELLIGENCE
This “Supply Chain Superstar” continues to redefine industrial real estate excellence through strategic location advantages, world-class infrastructure development, and an unwavering commitment to logistics innovation. For institutional investors and corporate occupiers seeking the next frontier of industrial dominance, Perris represents the “Distribution Destination of Destiny.”
The verdict is clear: Perris isn’t just participating in the Inland Empire’s industrial renaissance – it’s leading the charge as the “Logistics Capital of Tomorrow.”