Dalfen Buys Eight West Coast Assets in Seven Months

In the past few months, the Inland Empire has posted a 20 to 30 percent increase in rents as well as a construction pipeline that that cannot keep pace with demand. With those stats in mind, Dalfen Industrial recently closed on an acquisition of Markham Distribution Center at 212 Markham St. in Perris, CA. This is the eighth West Coast acquisition Dalfen has purchased in the past seven months.

“Adding strategically located West Coast industrial assets is crucial to our growth strategy and ability to provide last-mile distribution facilities in the major U.S. markets,” said Sean Dalfen, president and chief investment officer at Dalfen Industrial.

The 80,527-square-foot industrial building was built in 2019. The property is less than 3 miles to I-215 providing access south to San Diego and north to I-10, SR-CA-60 and CA-SR-91, enabling east-west connectivity including the Port of Long Beach/Port of Los Angeles. Other major tenants in the area include Amazon, Lowes, Home Depot, General Mills and Walgreens.

“Markham Distribution Center is a welcome addition to our West Coast portfolio,” said Rich Weiss, market officer at Dalfen Industrial. “The Inland Empire is a major West Coast distribution hub with a strong labor pool and same-day delivery capabilities to nearly 22 million people between Los Angeles, San Diego and all the cities in between.”