The $135 million construction loan for Perris Gateway highlights the increasing demand for large-scale industrial spaces in the Inland Empire, driven by a strategic location and robust logistics sector.
Affinius Managing Director Tom Burns remarked on the project's significance, stating, 'Perris Gateway will be one of only a handful of large, cross-dock buildings available for lease in 2025.'
DECA Vice President Stanley Zheng referred to Perris Gateway as 'a next-generation facility in a strategically located supply-constrained market,' highlighting its advanced features and market relevance.
With average lease rates edging up to $1.25 per square foot, the Perris area demonstrates a resilient industrial market that appeals to tenants seeking convenient locations for distribution.
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