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Newcastle Partners secures $27m in construction financing industrial property in Hesperia, Calif.
Transactions - MARCH 21, 2025

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Newcastle Partners secures $27m in construction financing industrial property in Hesperia, Calif.

by Denise Moose

Newcastle Partners has secured $27.5 million in construction financing for Mesa Linda Logistics Center, a 408,997-square-foot industrial warehouse and distribution facility to be built in Hesperia, Calif.

JLL worked on behalf of the sponsor to secure the floating-rate, non-recourse construction loan through a bank.

Scheduled to deliver in first quarter 2026, the class A facility will feature 36-foot clear heights, 54 dock-high doors, 57 trailer parking stalls, 215 auto parking spaces, an ESFR sprinkler system, and a combined 12,000 square feet of office and mezzanine space.

The 17.54-acre site has easy access to major freeways, including Interstate 15, I-40, U.S. Route 395, State Route 18 and State Route 138, placing it within a four-hour drive of 27.3 million people. It is also located near key transportation hubs: 90 miles from the Ports of Los Angeles and Long Beach (the largest port complex in the nation), 13 miles from Southern California Logistics Airport,

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