Construction Underway at Massive Perris Industrial Project
After more than a decade of planning, a huge 2.8 million square-foot warehouse project just south of the 215 freeway has broken ground in Perris, CA. The complex contains three buildings, one of which will house a Home Depot warehouse, according to The Press-Enterprise. Completion is expected in April of 2023.
The Georgia-based developer, IDI Logistics, has made significant modifications to the project for Perris City Council approval, including changes in parking, landscaping and outdoor storage. In addition, the number of buildings was reduced from four to three and the total warehouse square-footage cut by over 300,000.
Project plans indicate that 25 acres will be dedicated to the Western Riverside County Regional Conservative Authority for open space and habitat, and another 10 acres south of the project will be considered open space. The development will also include a rail line, branching off the main line near I-215, that will connect the Home Depot warehouse to the BNSF rail network.
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.
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