North Palisade Partners

Overview

North Palisade Partners is a real estate development and investment firm specializing in logistics, industrial outdoor storage (IOS), and self-storage properties in select Western United States and Texas markets. The firm also focuses on self-storage value-add acquisitions across the top 50 self-storage markets nationally. Founded in 2018, North Palisade Partners has developed over 3.3 million square feet of industrial product and manages total assets under management of $850 million, with a development pipeline valued at $780 million. The firm's investment strategies include acquiring development opportunities, such as entitled or unentitled land suitable for industrial, IOS, or self-storage development, as well as value-add industrial buildings, self-storage facilities, covered land, environmentally challenged sites, and low-coverage warehouse properties. North Palisade Partners adheres to a strict set of values that guide interactions with investors, brokers, and stakeholders, aiming to have a positive impact on its community and the world. The firm proudly supports the non-profit Protect Our Winters. The team comprises professionals with over 50 years of combined development experience in both private and public markets, specializing in opportunistic and value-add investment strategies, including existing building acquisitions, land entitlement, and ground-up development. Key team members include Founder and Managing Partner Joe Mishurda, Partner John Petersen, Chief Financial Officer Joseph Maehler, Managing Directors Brian Wong and Steve Cobbs, Vice President of Accounting and Reporting Sona Yeghiayan, Assistant Vice President of Investments Cole Henriksen, Senior Development Manager William Jacobs, Accounting Manager Sona Mermerian, and Construction Manager Adriel Reyno. The firm’s headquarters are located in Newport Beach, California, with an additional office in Burbank, California. The team is driven by core values that support a collaborative culture and are the cornerstone of the firm's reputation. They lead by staying ahead of the curve, avoid shortcuts to ensure superior quality, and focus on growing leaders within the organization. The firm offers market-leading compensation and a comprehensive benefits package, including medical, dental, vision coverage, and an HSA savings plan, all 100% paid for by the firm. When joining the team, individuals become part of a high-energy, entrepreneurial, and collaborative group that supports working in a flexible environment. The firm's investment strategies include ground-up development, land entitlements, and acquisitions and repositioning, focusing on logistics, industrial outdoor storage, and self-storage properties. Featured portfolio properties include Palisade Redlands Logistics Center in Redlands, CA, Palisade Fremont Innovation Center in Fremont, CA, and Palisade Randolph Storage in Huntington Park, CA. Recent news includes the acquisition of a self-storage portfolio in Philadelphia's Northern Liberties in March 2026, the groundbreaking of Palisade Fremont Innovation Center in October 2025, and securing $55 million refinancing for a new Los Angeles self-storage facility in May 2025. The firm also earned rezoning approval from Fremont City Council in March 2025.

Investment Focus

• Development opportunities
• Value-add acquisitions
• Industrial buildings
• Self-storage facilities
• Covered land
• Environmentally challenged sites
• Low-coverage warehouse properties

Portfolio Companies