Northwest Group Signs 61-Month Lease For 158730 SF In Perris With Landlord First Industrial Realty Trust

The property involved in this transaction is an industrial asset located at 4742 Redlands Avenue in Perris, California. The total square footage of the property is 158,730, and it is part of First Industrial Realty Trust’s First Harley Knox Logistics Center. The lease agreement is valued at $7.9 million for a term of 61 months.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7.9 million
• Lease Term: 61-month
• Landlord: Peter E. Baccile - First Industrial Realty Trust
• Tenant: Northwest Group
• Landlord's Representative: Kevin McKenna & Greg Merrill - Colliers
• Tenant's Representative: Nick Buss & Edwin Rosales - The Klabin Company

The transaction reflects ongoing demand for industrial space in the Inland Empire, even amid broader economic uncertainty. The Klabin Company played a crucial role in representing the tenant, while Colliers acted on behalf of the landlord throughout the lease negotiations.