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IDI Logistics Leases 804,803 SF Industrial Building In Perris To Tenant Represented By Colliers And CBRE
LEASED
California
See Similar DealsIndustrial804,803 SF
Leased 04/21/2025
LEASED
IDI Logistics Leases 804,803 SF Industrial Building In Perris To Tenant Represented By Colliers And CBRE
450 Rider Street
See Similar DealsIndustrial804,803 SF
Leased 04/21/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:804,803 SF
Transaction Type:Lease
IDi Logistics has leased a 804,803 square foot industrial building located at 450 East Rider Street in the Perris market. This transaction is significant as it reflects the ongoing demand for industrial space in the Inland Empire region.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 450 East Rider Street
- Market: Perris
- Landlord: Mark Saturno - IDI Logistics
- Brokers: Cory Whitman & Mark Zorn - Colliers; Dan De La Paz & Jeff Fritch - CBRE
The lease transaction was facilitated by a collaboration between two brokerage firms, Colliers and CBRE, representing the interests of the landlord and tenant. This deal is noted as a major industrial lease for the first quarter of 2025.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$46,130,822.31
Total Lease Value
$461,308,223.08
Net Landlord Cash Flow$46,130,822.31
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