Westport Properties to Develop a 99,910 SQFT Industrial Facility In Perris, CA

Westport Properties, Perris, Lee & Associates, Riverside, Inland Empire

Westport Properties will begin construction in Q3 of 2023 on the single tenant industrial building.

PERRIS, Calif., Nov. 21, 2022 — Westport Properties, a premier owner/operator of industrial, self storage and multifamily assets nationally, has announced plans to develop a 99,910-square-foot Class-A industrial building at the corner of Ramona Expressway and Brennan Avenue in Perris, California. The company acquired the land in September 2022. Westport Properties currently has five developments encompassing approximately 450,000 square feet in the planning approval process.

Westport Properties will begin construction in Q3 of 2023 on the single tenant industrial building which feature 36-foot clear height, secured truck court, ESFR sprinklers, 11 dock doors and 6,000 square feet of office space. Completion of this building is scheduled for the Q3 2024. Alex Smith and Herrick Johnson of Lee & Associates, Riverside will oversee leasing of the single tenant building.

“As e-commerce and the industrial industry continues to grow, we remain bullish on developing and managing properties in highly desirable submarkets with great fundamentals like Perris. The Inland Empire is a market of tremendous interest of Westport and our investors, we remain hard at work in identifying new development opportunities,” said Charles Byerly, CEO of Westport Properties. “Westport Properties is primarily focused on infill locations in the Western United States where we can provide state-of-the-art industrial buildings for users and owners. This is a record setting year for Westport, having 5 projects in development, and having sold 2 projects at entitlements, this year will mark the busiest year in our Industrial vertical to date.”

About Westport Properties
Founded in 1985, Westport Properties (“WPI”) is an owner-operator of self storage, multifamily and industrial properties across the United States. The Company is a fully integrated operator that develops, acquires and manages its portfolio as well as providing third-party management services. As of January 2022, WPI has approximately 12 million square feet of self storage space under management and its total assets under management is approaching $2.7 billion with its US Storage Centers brand as well as over 750 multifamily units in two states while employing over 600 people nationwide. WPI is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $13M and Charity Storage has raised over $500K.