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11/04/20
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Duke Realty Corporation has broken ground on a 1.2 msf, spec industrial development in the Inland Empire city of Perris. The planned state-of-the-art distribution facility, located on just over 55 acres at 728 West Rider St, is slated for delivery in summer 2021.
The building, which is being built to LEED® Silver standards, will include 40’ clear height, level floors, 241 dock doors, 344 trailer stalls, 442 automobile parking spaces and four grade-level loading doors. The project is Duke Realty’s eighth site in the Inland Empire East submarket of Southern California.
“Over the past eight years, Duke Realty has continued to grow its Southern California footprint with more than $1 bil in development starts — much of it accommodating tenants’ needs for large blocks of new distribution space,” said Nancy Shultz, senior vice president of Duke Realty’s Southern California operations. “We currently have more than 14.8 msf of space in Southern California, another 3.1 msf in our development pipeline and a planned approach to future opportunities for expansion.”
“More of our clients are looking for modern, efficient distribution facilities with highly desirable proximity and convenience to major trucking thoroughfares,” said Chris Burns, executive vice president of west and central regions at Duke Realty. “About one third of Duke Realty’s leasing and development activity across the country is e-commerce related and, as the country continues to see significant increases in online retail transactions due to the pandemic, Duke Realty is projecting demand for even more ecommerce distribution space in tier one markets like Southern California.”
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