DCL Logistics Buys 165,000 SQFT Perris Warehouse From Seefried for $32.2MM, Doubling Down on Inland Empire

The Bay Area-based 3PL paid roughly $195 per square foot for its largest facility to date, betting on owned infrastructure as Inland Empire vacancy climbs and rents slide. DCL Logistics has acquired a newly built 165,307-square-foot Class A distribution facility in Perris, California, from Seefried Industrial Properties for $32.24 million, marking the largest single-asset purchase […]