 JLL Capital Markets arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility at 1477 N. Jefferson St. in Anaheim. Senior director Peter Thompson, associate Kyle White and analyst Nick Englhard worked on behalf of the borrower, North Palisade Partners, to secure a non-recourse, three-year, floating-rate loan. Â
The Class A property occupies 337,590 square feet at the southwest corner of North Jefferson Street and Orangethorpe Avenue in Anaheim. The site is fully leased to a Fortune 100 logistics company using 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.
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.
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