JLL secures $65.1M construction financing from Bank OZK for 631K-SF logistics facility in Inland Empire

ORANGE COUNTY, Calif., Feb. 6, 2026 – JLL Capital Markets announced today that it arranged $65.1 million in senior construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot Class A industrial facility under development in Perris, California, within the Inland Empire market.

JLL worked on behalf of the borrower to secure a floating-rate, five-year (inclusive of extensions) loan through Bank OZK.

The state-of-the-art logistics facility will feature 40-foot clear heights, an ESFR sprinkler system, 87 dock-high doors, three grade-level doors, 205 trailer parking stalls and 176 auto parking stalls. Located at the intersection of Ellis Avenue and Case Road, the development occupies a strategic position within the Inland Empire's expansive logistics corridor.

The Perris location provides exceptional connectivity to Southern California's major transportation networks, offering direct access to multiple freeways, proximity to the ports of Los Angeles and Long Beach, nearby airports and rail infrastructure. The surrounding area features a clustering of creditworthy companies and demonstrates strong leasing activity, reflecting the market's continued demand for modern industrial space.

Construction of Ellis Avenue Logistics Center is expected to commence in early 2026, with completion and stabilization projected for late 2026.

The JLL Capital Markets team was led by Senior Managing Director Greg Brown, Associate Allie Black and Senior Analyst Nick Englhard.

"Our process yielded several competitive financing options across the leverage spectrum, reflecting continued lender appetite for entitled industrial projects in cities that are increasingly stricter with approvals," said Brown. "The best-in-class sponsor and state-of-the-art facility specifications helped differentiate this opportunity."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Newcastle Partners is a privately held, full service, commercial real estate investment and development company focusing exclusively in West Coast gateway marketplaces. The company is vertically integrated and uniquely positioned to execute a variety of strategies to add value, including land entitlement, new construction, and asset repositioning to create and capture incremental value. Founded in 1999, the firm has established itself as an experienced investor/developer with superior risk-adjusted returns on behalf of a deep list of institutional and private investors.

Newcastle has completed the ground-up development of over 10 million square feet in 50 industrial/logistics projects in the greater Los Angeles region including the Inland Empire and Orange County. Newcastle has completed the acquisition and/or development of a diversified portfolio of over 70 projects totaling over 18,000,000 square feet representing a total investment of over $2.3B.

Bank OZK (Nasdaq: OZK), through its Real Estate Specialties Group (RESG), provides financing on commercial real estate projects throughout the nation. RESG is considered a preeminent, market-leading construction lender focused on senior secured financing for a variety of property types including mixed use, multifamily housing, condominiums, office, hospitality, life sciences, industrial and retail. For the five years ended December 31, 2025, RESG originated approximately $39.41 billion in new loans. For more information, visit ozk.com.