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New 631k sf Inland Empire Industrial Development Lands $65 Mil in Construction Financing

2/11/26

Ellis Avenue Logistics Center, a 631k sf, Class A industrial development in Perris, CA, has just received $65.1 mil in senior construction financing.

The state-of-the-art logistics facility will feature 40-foot clear heights, an ESFR sprinkler system, 87 dock-high doors, three grade-level doors, 205 trailer parking stalls and 176 auto parking stalls. Located at the intersection of Ellis Avenue and Case Road, the development occupies a strategic position within the Inland Empire's expansive logistics corridor.

The Perris location provides exceptional connectivity to Southern California's major transportation networks, offering direct access to multiple freeways, proximity to the ports of Los Angeles and Long Beach, nearby airports and rail infrastructure. The surrounding area features a clustering of creditworthy companies and demonstrates strong leasing activity, reflecting the market's continued demand for modern industrial space.

Construction of Ellis Avenue Logistics Center is expected to commence in early 2026, with completion and stabilization projected for late 2026.

The floating-rate, five-year (inclusive of extensions) financing was funded through Bank OZK and arranged by Senior Managing Director Greg Brown, Associate Allie Black and Senior Analyst Nick Englhard with JLL Capital Markets.




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