IE Business Daily Business news for the Inland Empire.
NFI Industries, a third-party logistics company, has renewed its lease at the Perris Distribution Center.
Newmark Ontario represented the landlord in the negotiations, Los Angeles-based Ares Management, according to a statement.
Terms of the agreement were not disclosed.
NFI occupies an 864,000-square-foot building at Perris Distribution Center, a two-story building at 657 Nance St. near Interstate 215. Other tenants include The Home Depot, General Mills, Ross, iHerb, Amazon and Wayfair.
NFI is based in Camden, N.J. It generates nearly $4 billion in annual revenue and employs more than 16,800 associates. NFI owns and operates more than 70 million square feet of warehouse space, 5,500 tractors and 14,300 trailers, according to the company’s website.
