About North Palisade Partners

Based in Newport Beach, California, North Palisade Partners LLC is a real estate development and investment firm focused on industrial and self-storage real estate in Southern California and select western United States markets. Since its founding in 2018, the company has acquired 12 industrial and self-storage assets representing $300 million of total capitalization. The assets are located in core Southern California markets, including Anaheim, Commerce, Huntington Park, Lynwood, San Dimas and San Diego.

North Palisade Partners specializes in opportunistic and value-add investment strategies, including existing building acquisitions, land entitlement and ground-up development.

The company is led by Managing Partner Joe Mishurda and Partner John Petersen. A former partner and chief financial officer for Pacific Industrial LLC, Mishurda has developed more than five million square feet and raised more than $1 Billion of capital throughout his career. Petersen served as COO and Interim CEO of PS Business Parks as well as senior vice president at both Equity Office Properties and Spieker Properties over his 30-year career. Combined, the partners have acquired or developed more than $4 billion in investments across the country.


Our Values

Integrity. Focus. Determination.

We adhere to a strict set of values that serve to guide us through every interaction with investors, brokers and stakeholders.

North Palisade Partners seeks to have a positive impact on its community and the world.


Investment Criteria

North Palisade Partners is actively in the market for value-add development and acquisition opportunities.


  • Land (entitled or unentitled) suitable for industrial or self-storage development.
  • We have extensive experience and expertise dealing with environmentally challenged sites and have active projects where we are collaborating with DTSC and the Waterboard.  Additionally, we are well versed and willing to take on complex entitlement projects for industrial or self-storage.
  • Value-add industrial buildings, including covered land plays

Geographic Location

Southern California (Ventura County, Los Angeles County, San Bernardino County, Riverside County, San Diego County).

Select Western United States Markets; specifically Las Vegas, Reno, Northern California, Portland, Phoenix and Seattle


Development opportunities larger than two acres

Value-add industrial of $5,000,000 or greater per transaction

We welcome and encourage broker involvement with sourcing off-market deals and will compensate accordingly.