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Duke Realty Boosts SoCal Portfolio to More than 10M SF
Duke Realty Corporation is moving forward on a pair of industrial projects in the Inland Empire East submarket, including a 241,216-square-foot bulk industrial building at 24960 San Michele (pictured) in Moreno Valley and a 656,695-square-foot bulk warehouse at 4323 Indian Ave. in Perris. ResMed, a manufacturer of CPAP masks, machines and other products related to sleep-disordered breathing, signed a full-building lease, shortly after construction began on the Moreno Valley building.
Construction on the building in Perris is underway with completion scheduled for December of this year. Currently, the building is available for lease. In addition to offering more than 650,000 square feet of space, this spec building will include 36-foot clear height, LED lighting, 56-foot by 60-foot bay spacing, 98 dock doors and four drive-thru doors.
Development of the two new warehouses total 897,911 square feet, which will bring the company’s total industrial portfolio in the market to more than 10 million square feet.
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