Jones Lang LaSalle Inc.
05/05/2026 | Press release | Distributed by Public on 05/05/2026 10:42
JLL arranges $26 million bridge financing for industrial outdoor storage facility in Anaheim, CA
IRVINE, CA, May 5, 2026 - JLL Capital Markets announced today that it has arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility at 1477 North Jefferson St. in Anaheim, California.
JLL worked on behalf of the borrower, North Palisade Partners, to secure a non-recourse, three-year, floating rate loan.
The Class A property occupies 337,590 square feet at the southwest corner of North Jefferson St. and Orangethorpe Ave. in Anaheim. The site is fully leased to a Fortune 100 logistics company that utilizes the facility as mission-critical secured parking to support two nearby distribution centers. Additionally, the property includes 161 trailer parking stalls and two points of ingress and egress, serving as secure parking for delivery trucks and trailers.
The property benefits from immediate access to Southern California's primary transportation corridors, positioned 1.1 miles from State Route 91, 2.5 miles from State Route 57 and three miles from State Route 90. The location provides connectivity throughout Orange County, Los Angeles and the Inland Empire, with the Ports of Long Beach and Los Angeles each located approximately 33 miles from the site. The facility sits within a 30-mile radius of more than 10.6 million residents and maintains proximity to John Wayne Airport (15 miles), Long Beach Airport (23 miles), Ontario International Airport (31 miles) and Los Angeles International Airport (39 miles). The Anaheim Regional Transportation Intermodal Facility is located approximately six miles from the property.
The JLL Capital Markets team was led by Senior Director Peter Thompson, Associate Kyle White and Analyst Nick Englhard.
JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About North Palisade Partners
Based in Newport Beach, North Palisade Partners is a real estate development and investment firm focused on logistics, industrial outdoor storage (IOS), and self-storage investments across select Western U.S. and Texas markets, as well as value-add self-storage acquisitions nationally. Since its founding in 2018, the firm has acquired 26 industrial and self-storage assets totaling approximately 3.5 million square feet and $850 million in assets under management. North Palisade is actively pursuing development and acquisition opportunities in high-growth, supply-constrained markets nationwide.
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