Burlington Stores Scores 410K-SF Lease at Knox IV in Perris
Trammell Crow Company and its JV Partner Clarion Partners, LLC., have arranged a pair of leases totaling over 1.1 million square feet at Knox Logistics Center in Perris, CA. Burlington Stores secured a 410,000-square-foot lease to occupy all of Knox IV and a logistics services company inked a 693,000-square-foot lease to occupy all of Knox III.
“These two leases continue to prove our development strategy, which is founded on the idea that sophisticated users are attracted to modern facilities that feature the best design and strategically located in key logistics corridors,” said Tom Bak, Senior Managing Director for Trammell Crow Company’s Newport Beach operations.
Knox III and Knox IV are part of the Knox Logistics Center project that will encompass eight buildings and 2.66 million square feet of logistics space when complete. Both buildings, located on Old Oleander Avenue, are scheduled to be delivered within the next few months.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.