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5/06/26
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North Palisade Partners has obtained $26 mil in bridge financing for a 7.75-acre industrial outdoor storage facility located at 1477 North Jefferson St in Anaheim. The Class A property occupies 337.6k sf at the southwest corner of North Jefferson St and Orangethorpe Ave.
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.
A JLL Capital Markets team led by Senior Director Peter Thompson, Associate Kyle White and Analyst Nick Englhard arranged the non-recourse, three-year, floating rate loan.
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