**Newcastle Secures $27.5M Construction Loan for Mesa Linda Logistics Center**
JLL Capital Markets has arranged $27.5 million in construction financing for Mesa Linda Logistics Center, a 408,997-square-foot industrial warehouse and distribution facility set to be developed in Hesperia. The financing was secured on behalf of Newcastle Partners by a JLL Capital Markets team comprising Senior Managing Director Greg Brown, Director Samuel Godfrey, and Associate Allie Black. The floating-rate, non-recourse construction loan was obtained through a bank.
“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 Brown. “The attractive financing terms we’ve secured for this development reflect the strength of the sponsor, the quality of the asset, and the overall health of the Inland Empire industrial market.”
Scheduled for completion in the first quarter of 2026, the speculative 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.
