Page 6 - Issue0092 July

Administration

First Nandina

The First Nandina project was approved by the Planning Commission in October 2014. No appeal was filed
on the project. Demolition of the existing structures on the site was completed in April, 2016. The project
proposes to construct a 1.45 million square foot warehouse/distribution center on 73 acres located at the
southwest corner of Indian Street and Nandina Avenue in the Moreno Valley Industrial Area. The developer,
First Industrial Properties, has received strong interest from potential tenants prompting proposed
modifications to add additional truck parking on the site.
First San Michele Logistics

First Industrial has completed construction of an 187,000 square foot logistics facility at San Michele Road
and Perris Boulevard. The tenant, Wiseway Transportation Services, has now obtained full occupancy
approval.

March Business Center

Western Realco’s March Business Center project at the southeast corner of Iris Avenue and Heacock Street,
in the Moreno Valley South Industrial Area, is more than 80% complete to date. The project was approved
for 1,484,000 square feet of warehouse/logistics space on the 75-acre site. The first two buildings, the larger
of which encompasses 1,103,000 square feet, are complete. Western Realco has sold both buildings and the
larger building has been leased to Floor and Décor with operations under way. The second, smaller structure
has tenants considering the location.

Karma Automotive

The tenant improvement for Karma Automotive, at 17100 Perris Boulevard, is approximately 98% complete.
The process of testing of all assembly and paint equipment, robots, computers, and procedures is complete.
Karma has completed their “test” vehicles, attended auto shows, and is producing cars for sales this summer.

Building & Safety

Quick Statistics

The following Building & Safety Division statistics are a comparison of June year over year (2017 and 2016)
activity:

BUILDING & SAFETY June 2017 June 2016
Customer Counter Visits-Total/Daily Average 779-35 774-35

Building Permits Issued 396 242
Construction Valuation $22,902,709 $7,651,430
Construction Inspections Performed 1,632 1,496

Issued Certificates of Occupancy 21 40
Plan Check Activity 194 119

Monthly Revenue $497,945 $165,495

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