Duke Inks 800K-SF Deal at Spec Development in Perris
Duke Realty Corporation signed a long-term lease for a logistics building currently under construction in SoCal’s Inland East submarket. The recently-executed lease with an undisclosed tenant is for the entire 800,218-square-foot building at 4501 Patterson in Perris.
The development was started on a speculative basis and is slated for a September 2020 delivery. It is being constructed on a 37.3-acre site at Patterson Avenue and Markham Street. The building, which is being built to LEED Silver standards, will include 40-foot clear heights, 117 dock doors, 244 trailer stalls, 359 automobile parking spaces and four grade-level loading doors.
Duke Realty’s Nancy Shultz says, “The Inland Empire East submarket continues to be a preferred location by companies looking for large blocks of modern distribution space due to its proximity to the I-215, I-10 and other major highways and interstates.”
Duke Realty’s Collin Phillips along with Colliers International’s Thomas Taylor, Scott Bellitti, Scott Sanders and Joey Jones brokered the deal.
For comments, questions or concerns, please contact Dennis Kaiser