The Towers, Perris
LaTerra’s Perris project is planned to include 228 units of prime suburban housing located in LA’s Inland Empire.
The site is located near an extremely large industrial workforce with 285 industrial/logistics facilities over 100,000 square feet within a short drive. The Towers, Perris project amenities include a pool, pet park, clubhouse, and a fitness center.
The Riverside submarket is experiencing an extreme supply / demand imbalance with vacancy rates expected be below 2% through 2026. Riverside is home to one of the most dynamic and explosive industrial and logistic real estate markets in the country. Of the 285 industrial/logistical facilities, 33% (85) have been built since 2015. Moreover, 18 industrial facilities are presently under construction with another 31 proposed. The great majority of these facilities operate within a 5 to 10 minute drive from The Towers. The Towers will offer the area’s workforce and their families a new, high-quality apartment in a fully amenitized community only minutes from this major job center.