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California  + Los Angeles  + Industrial  | 
North Palisade Breaks Ground on LA Industrial Project

North Palisade Breaks Ground on LA Industrial Project

Industrial development and investment firm North Palisade Partners has broken ground on Palisade Santa Fe Center, a 59,000-square-foot, Class-A industrial property in Vernon, CA. Situated in the Central Los Angeles submarket, the project is located in one of the nation’s tightest industrial markets, just blocks from rail yards and intermodal facilities.

“There is a tremendous lack of industrial supply in Los Angeles with vacancies dropping under 1% in this submarket. Demand is expected to remain strong for industrial assets in SoCal’s infill markets, driven by a diverse mix of tenant requirements including last-mile logistics and cold storage users,” said North Palisade Managing Partner Joe Mishurda.

Palisade Santa Fe Center, which is expected to completed in Summer 2023, will offer 32’ clear heights, a 150’ secured truck court, 9,500 square feet of two-story office and mezzanine space, ESFR sprinklers, six dock-high loading positions and 1,200 AMPS of power.

North Palisade Partners’ executives pictured left to right: William Jacobs, Brian Wong, Cole Henriksen, John Petersen, Joe Mishurda, Jeff Hedges, Pete Williams

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North Palisade PartnersJoe MishurdaPalisade Santa Fe Center

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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