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IDI Logistics Leases 804,803 SF Industrial Building In Perris To Tenant Represented By Colliers And CBRE

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LEASED
Cory Whitman
Dan De La Paz
+ 2

California

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Industrial804,803 SF
Leased 04/21/2025
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LEASED

IDI Logistics Leases 804,803 SF Industrial Building In Perris To Tenant Represented By Colliers And CBRE

450 Rider Street

See Similar Deals
Industrial804,803 SF
Leased 04/21/2025
Cory Whitman
Dan De La Paz
+ 2
Contact now

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:

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.

Players

Dan De La Paz
2 deals$12.9M volume
BROKER

Mark Zorn
Colliers
5 deals$347M volume(909) 841-3657
BROKER

Cory Whitman
Colliers
5 deals$347M volume(909) 227-2867
BROKER


Mark Saturno
IDI Logistics
6 deals$533.9M volume
LANDLORD

Details

LEASED
IMAGE: Mark Saturno, Cory Whitman, Mark Zorn, Dan De La Paz & Jeff Fritch DATE: 04/21/2025 ADDRESS: 450 East Rider Street MARKET: Perris ASSET TYPE: Industrial ~ SF: 804,803 LANDLORD: Mark Saturno - IDI Logistics (@IDILogistics) BROKERS: Cory Whitman & Mark Zorn - Colliers (@ColliersInternational); Dan De La Paz & Jeff Fritch - CBRE (@CBRE) NOTE: IDI Logistics leased the 804,803 SF Building 2 at Rider Logistics Center in Perris, CA to an undisclosed tenant. Colliers and CBRE brokered the deal, marking a major Q1 2025 industrial lease in the Inland Empire amid sustained regional demand.

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Deal Type
Effective Rent (Annual)

$46,130,822.31

Total Lease Value

$461,308,223.08

Net Landlord Cash Flow$46,130,822.31