North Palisade Partners, LLC

We are pleased to share that we've just signed a lease agreement with FedEx Ground for Palisade Anaheim Logistics Center, our Class-A industrial outdoor storage (IOS) site in Anaheim, CA! Located in the dense infill North Orange County submarket, this 7.75-acre logistics property boasts unparalleled access to the 55, 57, and 91 freeways.    This Class-A property features: • 7" concrete throughout the entire site • Block wall and wrought iron gate property enclosures • LED lighting for enhanced safety and visibility • Motorized security gate Special thanks to Michael Hefner and Mike Vernick, CCIM, SIOR with Voit Real Estate Services, and Jeff Kernochan with Fischer Solutions for their support in closing this transaction. #NorthPalisadePartners #DevelopmentUpdate #PropertyUpdate #LeaseUpdate #NowLeased #Announcement #PalisadeAnaheimLogisticsCenter #SoCalRealEstate #CaliforniaRealEstate #CRE #IndustrialRealEstate #CommercialRealEstate #RealEstateInvestments

We are pleased to share that we've just signed a lease agreement with FedEx Ground for Palisade Anaheim Logistics Center, our Class-A industrial outdoor storage (IOS) site in Anaheim, CA! Located in the dense infill North Orange County submarket, this 7.75-acre logistics property boasts unparalleled access to the 55, 57, and 91 freeways.    This Class-A property features: • 7" concrete throughout the entire site • Block wall and wrought iron gate property enclosures • LED lighting for enhanced safety and visibility • Motorized security gate Special thanks to Michael Hefner and Mike Vernick, CCIM, SIOR with Voit Real Estate Services, and Jeff Kernochan with Fischer Solutions for their support in closing this transaction. #NorthPalisadePartners #DevelopmentUpdate #PropertyUpdate #LeaseUpdate #NowLeased #Announcement #PalisadeAnaheimLogisticsCenter #SoCalRealEstate #CaliforniaRealEstate #CRE #IndustrialRealEstate #CommercialRealEstate #RealEstateInvestments

We're still buzzing with excitement from the robust turnout at our recent groundbreaking event at the Laurel Park property.    Scheduled for completion in  Q3 2024, this 1.96-acre Class-A industrial outdoor storage ("IOS") facility will feature 105+ trailer parking stalls, unique trailer stacking ability, 400 Amps, and will be fully fenced and secured. The facility is also close to the 405, 710 & 91 freeways making it a prime location with seamless accessibility.    We extend our heartfelt gratitude to everyone who joined us and contributed to making this event a resounding success! Special thanks to the team at Cushman & Wakefield for being our brokerage partners; Steve Bohannon, Brandon Gill, Brandon Burns and Jae Yoo.    To reach out to our brokers and learn more about Laurel Park, visit our website: https://lnkd.in/gujHz7dR

Our Extra Space managed self-storage property just hit another major milestone! We're thrilled to announce that we've refinanced with a loan from Extra Space Storage, significantly reducing our cost of borrowing. This move not only solidifies our capital structure on our path to full stabilization but also deepens our partnership with Extra Space, our trusted property manager.    As Joe Mishurda put it, "Extra Space has been a true partner throughout this entire process. Securing a bridge loan not only enhances our financial position but also signifies a deeper alignment in our shared vision for the property's success. This milestone underscores the strength of our collaboration and our collective commitment to achieving long-term stability and growth.

Exciting progress at Palisade Randolph Self-Storage! Our construction crew recently poured the foundation for our state-of-the-art self-storage facility in South LA. Spanning 215,685 sq. ft., it'll offer 3,000+ units, including 873 lockers. Stay tuned for updates as we bring top-notch storage solutions to Huntington Park and neighboring communities by Q4 2024! #NorthPalisadePartners #DevelopmentUpdate #ConstructionUpdate #PalisadeRandolphStorage #ConcretePour #ProjectPhase #ProjectUpdate #SoCalRealEstate #IndustrialRealEstate #CRE #CommercialRealEstate #RealEstateInvestments #CaliforniaRealEstate

Our team is excited to welcome Sona Yeghiayan, who will serve as Vice President of Accounting and Reporting. Sona has a strong background in accounting and financial management with a Bachelor of Science in Accounting from the University of Southern California and a license as a Certified Public Accountant in California. Sona’s previous experience encompasses key roles in the financial sector. Her prior experience as Assistant Controller at PS Business Parks, Financial Reporting Analyst at Tutor Perini Corporation, and Senior Assurance Associate at BDO USA, LLP underscores her proficiency in financial statement preparation, SEC filings, and audit management. Welcome to the team, Sona! #NorthPalisadePartners #WelcomeToTheTeam #NewHire #WereGrowing #TheTeamIsGrowing #NewTeamMember #Accounting #SoCalRealEstate #CaliforniaRealEstate #CRE #IndustrialRealEstate #CommercialRealEstate #RealEstateInvestment

Things are progressing well at Palisade Randolph Self-Storage! Earlier this month, our construction crew poured the foundation in the early morning hours. From here, we are anticipating delivery in Q4 2024. This 215,685 sq. ft. Class A self-storage facility is located in the dense South Los Angeles neighborhood of Huntington Park and will serve residents of Huntington Park and the surrounding communities of Florence-Graham, and Los Angeles. Once completed, this facility will include more than 3,000 units including 873 lockers. “We are excited to achieve this key milestone for the project and look forward to opening the project in late 2024. The three-mile trade area population exceeds 460,000 and with a current three-mile radius supply of 2.7 square feet per capita is well below the national average of 7.0,” said John Petersen, a Partner at North Palisade Partners. #NorthPalisadePartners #DevelopmentUpdate #ConstructionUpdate #PalisadeRandolphStorage #ConcretePour #ProjectPhase #ProjectUpdate #SoCalRealEstate #IndustrialRealEstate #CRE #CommercialRealEstate #RealEstateInvestments #CaliforniaRealEstate

Our firm is grateful to have been a part of SIOR Global: Society of Industrial and Office Realtors First Annual All California SIOR Designee Meet & Greet event at the beautiful Ritz-Carlton Bacara in Goleta, California. Our founder and managing partner, Joe Mishurda had the honor of serving as a panelist in the 'Developer Spotlight' panel, which was expertly moderated by SIOR San Diego Chapter President, Sean Williams, SIOR. Joe shared insightful views on the challenges and opportunities shaping today's industrial commercial real estate industry in California. John Petersen and Pete Williams also represented North Palisade at this event in Santa Barbara. A big thank you to SIOR for hosting this exceptional gathering! #NorthPalisadePartners #SIOR #SIOREvent #IndustrialEvent #Sponsorship #Partnership #Panelist #EventSpeaker #IndustryInsights #IndustrialRealEstate #CommercialRealEstate #IndustrialCommercialRealEstate #CaliforniaRealEstate #CRE #SoCalRealEstate #SoCalRealEstateMarket

Our firm is grateful to have been a part of SIOR Global: Society of Industrial and Office Realtors First Annual All California SIOR Designee Meet & Greet event at the beautiful Ritz-Carlton Bacara in Goleta, California. Our founder and managing partner, Joe Mishurda had the honor of serving as a panelist in the 'Developer Spotlight' panel, which was expertly moderated by SIOR San Diego Chapter President, Sean Williams, SIOR. Joe shared insightful views on the challenges and opportunities shaping today's industrial commercial real estate industry in California. John Petersen and Pete Williams also represented North Palisade at this event in Santa Barbara. A big thank you to SIOR for hosting this exceptional gathering! #NorthPalisadePartners #SIOR #SIOREvent #IndustrialEvent #Sponsorship #Partnership #Panelist #EventSpeaker #IndustryInsights #IndustrialRealEstate #CommercialRealEstate #IndustrialCommercialRealEstate #CaliforniaRealEstate #CRE #SoCalRealEstate #SoCalRealEstateMarket

Things are progressing well at Palisade Randolph Self-Storage! Earlier this month, our construction crew poured the foundation in the early morning hours. From here, we are anticipating delivery in Q4 2024. This 215,685 sq. ft. Class A self-storage facility is located in the dense South Los Angeles neighborhood of Huntington Park and will serve residents of Huntington Park and the surrounding communities of Florence-Graham, and Los Angeles. Once completed, this facility will include more than 3,000 units including 873 lockers. “We are excited to achieve this key milestone for the project and look forward to opening the project in late 2024. The three-mile trade area population exceeds 460,000 and with a current three-mile radius supply of 2.7 square feet per capita is well below the national average of 7.0,” said John Petersen, a Partner at North Palisade Partners. #NorthPalisadePartners #DevelopmentUpdate #ConstructionUpdate #PalisadeRandolphStorage #ConcretePour #ProjectPhase #ProjectUpdate #SoCalRealEstate #IndustrialRealEstate #CRE #CommercialRealEstate #RealEstateInvestments #CaliforniaRealEstate