$102.4M Construction Financing Secured for 612K SF Otay Business Park Industrial Development

 JLL Capital Markets arranged financing for the first phase of a Class A industrial campus positioned near the new U.S.-Mexico port of entry JLL Capital Markets announced today it has arranged $102.4 million in construction financing for the first phase of Otay Business Park, a speculative Class A industrial development in the Otay Mesa submarket of San…

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New Project Update: Entitling IOS in Riverside

Elevation Land Company is working with a property owner to entitle a new Industrial Outside Storage (IOS) facility in Riverside, California. The eight-acre site will include 7,000 square feet of office space and 27,100 square feet of cross-dock warehouse space. The yard will accommodate over 140 trailer positions. The Eastern Imperial Valley, which includes the…

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Elevation Land Company and a Real Estate Fund Advised by Crow Holdings Capital Host Groundbreaking Ceremony for Otay Business Park

Construction is underway at Otay Business Park in the Otay Mesa sub-market of San Diego. The 119-acre property was acquired in May 2022 through a joint venture between Elevation Land Company and a real estate fund advised by Crow Holdings Capital. This strategic acquisition, the inaugural venture for Elevation Land Company, is set to pave…

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Elevation Land Announces Strategic Joint Venture with Artemis Real Estate Partners

At formation, Elevation Land Company is pleased to announce a strategic joint venture with a long-time relationship capital partner, Artemis Real Estate Partners.  In joint venture, Elevation Land Company will co-invest with Artemis, seeking value-add acquisitions of industrial, life science and R&D buildings, as well as land aggregation for future development.  Artemis has initially allocated…

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