Deca in the news

San Francisco, CA-based DECA has announced plans to build a brand new ±855,330-square-foot warehouse/distribution facility in Perris (Riverside County), California. The project, Perris Gateway (PG), is a fully entitled, state-of-the-art speculative cross-dock development situated on over 42 acres in Perris, part of the Inland Empire East submarket. The new warehouse facility is the second phase of the project, with the first phase consisting of +/- 27,000 sf of newly built retail space that began construction along Ramona Expressway earlier this year in March.

Self storage and commercial real estate advisory firm, Talonvest Capital, and their client, Deca Companies, are pleased to announce the closing of a $22,900,000 construction loan for the development of a 5-story storage facility in Daly City, CA. The project will have approximately 63,000 net rentable square feet of climate-controlled storage space on a site with high visibility on Interstate 280. After successfully battling through an arduous entitlement process, Deca’s development will bring new supply into an undersupplied trade area.

A pair of developers known for innovative real estate transformations in California has been hired to create a new plan for one of the largest parcels of industrial land to become available near the Port of Los Angeles in years. Oil giant Phillips 66 has hired Catellus Development and Deca to advise on redevelopment plans for its 650-acre Los Angeles Refinery complex, slated to close by the end of next year. Phillips 66 said last week it's shutting the longtime production hub — representing two connected facilities spread across five miles in Carson and Wilmington, California — because of market concerns.

Phillips 66 will close a pair of century-old refineries in Wilmington and Carson, opening hundreds of acres at the industrial sites for development. The Houston-based energy firm announced it would shut down the 659-acre facility linked by a five-mile pipeline at 1660 West Anaheim Street in Wilmington and 1520 East Sepulveda Boulevard in Carson, the Los Angeles Times and Long Beach Press-Telegram reported.

Over more than 100 years, the Wilmington and Carson oil refineries have pumped out millions of barrels of gasoline, filling the thirsty cars of Southern California’s freeway-driving motorists. Now, in an abrupt move that reflects the tectonic industry shifts driven by climate change, the transition to electric vehicles and demands for cleaner air, Phillips 66 announced Wednesday that late next year it is closing the twin refinery complex that produces about 8% of the state’s gasoline.

Phillips 66 will close a refinery near Los Angeles in the fourth quarter of 2025, citing that its long-term sustainability is uncertain and affected by market dynamics. Mark Lashier, chief executive of the Houston-based oil refiner, on Wednesday said the company is working with land-development firms Catellus Development and Deca to evaluate the future use of the sites, which encompass about 650 acres in Wilmington, Calif., and Carson, Calif.

Phillips 66 (NYSE: PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. “We understand this decision has an impact on our employees, contractors and the broader community,” said Mark Lashier, chairman and CEO of Phillips 66. “We will work to help and support them through this transition.” Approximately 600 employees and 300 contractors currently operate the Los Angeles-area refinery.

A joint venture of DECA Cos. and Wildcat Capital Management has received a $135 million loan to finance the development and lease-up of an 850,000-square-foot industrial property in Perris, Calif. Bank OZK was the senior lender, while Affinius Capital originated the subordinate portion of the note.

An 850,000-square-foot industrial development in Perris, California, is moving forward after the developer received a $135 million loan.

A big-box industrial project in the Inland Empire city of Perris has secured a $135 million construction loan from Bank OZK and Affinius Capital.

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.

Bank OZK and Affinius Capital have provided $135 million of financing for the construction of Perris Gateway, an 850,000-square-foot industrial property in Perris, Calif., in the state's Inland

Affinius Capital LLC announced today that they have originated a $135 million loan to finance the ground-up development of Perris Gateway, an 850,000-square-foot industrial development in Perris, CA. Bank OZK provided the senior portion of the loan, while Affinius Capital originated the subordinate portion.

Affinius Capital LLC (“Affinius Capital”) announced today that they have originated a $135 million loan to finance the ground-up development of Perris Gateway, an 850,000-square-foot industrial development in Perris, CA. Bank OZK provided the senior portion of the loan,

DECA Companies and Wildcat Capital Management have secured $135 million in construction financing to build Perris Gateway, an 850,000-square-foot industrial development in Perris, Calif., Commercial Observer has learned.

Mayor Michae Michael M. Vargas and executive city staff gathered with DECA Capital officials this week to break ground on the Perris Gateway Commerce Center, a new mixed-use and logistics complex that will create

A proposed five-story self-storage facility and event space in the Bayview looks to be more than just another soulless redevelopment project with no concern for those around it. Uniquely, it aims to be a community outlet.

GM Cruise, the developer of self-driving cars, will build a large charging station in San Francisco for its fleet of electric robot cabs. The charging park, located in the Dogpatch District at 630, 640 and 800 Cesar Chavez Street