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1301 Harley Knox BLVD, Perr...

Kenco Logistics Leases Warehouse At 1301 Harley Knox Blvd In Perris
LEASEDWarehouse

Kenco Logistics Leases Warehouse At 1301 Harley Knox Blvd In Perris

1301 Harley Knox BLVD, Perris, CA, 92...

Building Size

397,351 SF

Asset Type

Warehouse

Closing

May 12, 2021

AI

The warehouse located at 1301 Harley Knox Blvd in Perris, CA, spanning 397,351 square feet, was leased in a recent transaction. The landlord, AEW Capital Management, secured a lease agreement with the tenant, Kenco Logistics Services, LLC. Mark Kegans and Ron Washle from Newmark represented the tenant in this deal.

Summary of transaction details:

Mark Kegans and Ron Washle, both from Newmark, played crucial roles as the tenant's representatives in the leasing agreement. Their expertise and negotiation skills were instrumental in finalizing the lease for the sizable warehouse in Perris, CA.

Players

Ron Washle

Newmark

Broker

6 deals

Broker
AEW Capital Management
AEW Capital ManagementLandlord

Perris Warehouse Market Snapshot

Boundary boundary · Warehouse · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93