JLL Capital Markets announced that it arranged $65.1 million in senior construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot class A industrial facility under development in Perris, Calif., within the Inland Empire market.
JLL worked on behalf of the borrower to secure a floating-rate, five-year (inclusive of extensions) loan through Bank OZK.
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 is strategically positioned 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 inf
