WICo Opens Target at Site of Former Perris Movie Theater

Wood Investment Companies, Inc. (WICo) announced the opening of a new 149,655‑square‑foot Target at Plaza de Perris, located at 1688 N. Perris Blvd. in Perris. The store opening marks a significant milestone for the center and the surrounding Inland Empire communities, according to WICo..

Target now occupies the former Regency Theatres building, which WICo demolished to make way for the retailer’s new store following the theater’s 2024 closing after nearly 30 years. Plaza de Perris totals nearly 300,000 square feet and is anchored by Burlington, Food 4 Less, Ross, Planet Fitness and Five Below.

Patrick Wood, president of WICo, said the opening represents a transformational moment for the community. “Redeveloping the former Regency Theatres into a state‑of‑the‑art Target has been a priority for us and for the City of Perris,” said Wood. “This project reflects years of collaboration, planning and investment, and we’re proud to deliver a flagship retailer that elevates daily shopping options for residents throughout Perris and the greater Inland Empire.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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