Last Updated on March 25, 2025 by The HD Post Staff
Photo credit: JLL Capital MarketsCALIFORNIA – Newcastle Partners, a real estate development firm, has secured $27.5 million in financing for the Mesa Linda Logistics Center, a 408,997-square-foot industrial warehouse and distribution facility under construction in Hesperia.
JLL Capital Markets arranged the construction loan with a variable interest rate.
“Mesa Linda Logistics Center’s strategic positioning will allow it to serve as a critical regional distribution facility, capitalizing on the booming e-commerce industry and addressing the growing need for rapid, efficient logistics solutions in Southern California,” said JLL Capital Markets senior managing director Greg Brown.
Center to be completed in the first quarter of 2026
Mesa Linda Logistics Center is being constructed without a specific tenant in place, with the expectation that it will attract tenants upon or before completion.
The Class A facility will feature 36-foot clear heights, 54 dock-high doors, 57 trailer parking stalls, 215 auto parking spaces. It also has an Early Suppression Fast Response (ESFR) sprinkler system and a combined 12,000 square feet of office and mezzanine space.
It is slated for completion in the first quarter of 2026.
Hesperia has lower land costs and abundant labor supply
Newcastle isn’t the only company developing industrial space in Hesperia.
Amazon purchased, at the end of October, 200 acres in Hesperia for $161.9 million. Included in the purchase is the entitlement to build a 2.5 million sq. ft. warehouse, according to Bisnow.
Don Ankeny, CEO of Westcore, a commercial real estate investment firm, told Commercial Property Executive last year that the company had built a 1.2 million-square-foot spec warehouse in Hesperia because of lower land costs and an abundant labor supply.
He said Maersk leased the facility before construction was completed.
RELATED: Amazon purchases 200 acres in SoCal for $162 Million to build warehouse
