Press Release

Real Estate Development Associates Breaking Ground on More Than 3 Million Square Feet of Industrial Space in California

03 5 2018

In February 2018, Real Estate Development Associates, LLC broke ground on its 400,000-square-foot Perris Gateway Commerce Center in Perris, California. The industrial property will offer state-of-the-art functionality within its submarket and an unparalleled strategic location. Eloy Covarrubias and Joe Werdein of CBRE and Bill Heim of Lee & Associates will be listing the property for lease.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.