Stratford Ranch, Perris, CA
6,000 & 7,200 SF Min Lots & Industrial Distribution Site
Centex Homes, Richmond American Homes, Pulte Homes & IDI Logistics
Stratford Ranch is a 400 + acre mixed-use development located near Lake Perris and adjacent to a state fairground and park. The Ranch was purchased in 2003 by a joint venture managed by the Mission Pacific principals. Despite significant developmental constraints, including the need to acquire more than three dozen small “window parcels” within Stratford Ranch, Mission Pacific principals were able to entitle and sell nearly 100 acres of property to two separate homebuilders, eliminating all debt on the balance of the property and returning the original investment capital to its partners.
Mission Pacific principals continue to solve the complex and multi-jurisdictional developmental issues facing the remaining 300+ acre balance of the 300+acre Stratford Ranch, which is being entitled for commercial, residential and industrial uses. The development issues include the widening and realignment of a major regional storm drain, the creation of two major detention basins, and the design and widening of the state’s Lake Perris emergency run-off channel.