Affinius Capital LLC has provided a $135 million loan for the development of Perris Gateway, an 850,000-square-foot industrial project in Perris. The senior portion of the loan was provided by Bank OZK, while Affinius Capital originated the subordinate portion. The financing will support DECA Companies and Wildcat Capital Management’s joint venture in constructing and leasing up this large-scale warehouse facility.
According to Tom Burns, managing director at Affinius, this deal presented a unique opportunity to provide construction financing for a project with excellent visibility and access to I-215. With high demand for industrial buildings over 750,000 square feet in the Inland Empire region, he is confident that partnering with DECA and Wildcat on Perris Gateway will be highly successful.
Perris Gateway will offer impressive features such as 40-foot clear ceiling heights; 124 dock-high doors; four drive-in doors; and 4
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