Jones Lang LaSalle Inc.

09/09/2025 | Press release | Distributed by Public on 09/09/2025 15:01

Alta West Partners and OlivePoint Capital acquire Burbank industrial campus with financing arranged by JLL

LOS ANGELES, Sept. 9, 2025 -  JLL Capital Markets announced today it has arranged acquisition financing for the purchase of an industrial manufacturing campus at 100-104 E Graham Place in Burbank, California.

JLL worked on behalf of the borrower, an affiliate of Alta West Partners and OlivePoint Capital, to secure acquisition bridge financing through a debt fund to support the group's value-add business plan.

The fully gated and secure property spans 104,795 square feet across five buildings on 4.80 acres in one of the last remaining M-2 zoned industrial pockets of the highly coveted Burbank market. The property stands out as an exceptional industrial asset featuring up to 28 feet of clear height in warehouse and manufacturing spaces, three grade-level doors and four dock-high loading doors - a rarity for the submarket. The campus benefits from two vehicle access points and a configuration well-suited for both single-tenant and multi-tenant scenarios, with separate parcels creating optionality for future owner-user sales.

The property is anchored by Haskel International LLC, a wholly-owned subsidiary of Ingersoll Rand Inc., which utilizes the property as its Americas headquarters. Haskel, a global leader in high-pressure fluid and gas handling solutions, has maintained operations at this location for more than 70 years.

The property's strategic location provides convenient access to Interstate 5, State Route 134 and Interstate 170, positioning it ideally for logistics, distribution and corporate operations. The campus serves the affluent, densely populated neighborhoods throughout the San Fernando Valley and West Los Angeles, making it particularly attractive for last-mile distribution and brand visibility opportunities.

The JLL Capital Markets team representing the borrower included Senior Managing Director Jeff Sause, Director Alex Olson, Associate Jalynn Borders and Analyst Thomas Gonzalez.

"With Burbank's development pipeline effectively capped by land constraints and competing uses, assets like this benefit from structural supply limitations," said Sause. "The buyer's ability to identify this value-add strategy on the vacant space will drive meaningful NOI growth in a market commanding premium rents."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL's newsroom.

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

About JLL

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 112,000 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 WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About Alta West Partners

Alta West Partners, LLC ("Alta West" - altawestpartners.com) is a commercial real estate investment and operating company based in Los Angeles, CA. Alta West acquires underutilized assets in supply constrained, well-amenitized, and high barrier to entry submarkets. The firm is recognized for its disciplined approach to value-add and core-plus investments, attention to detail, and alignment with investors

About OlivePoint Capital

OlivePoint Capital is a real estate investment manager and operator focused on value-add and special situation opportunities across the U.S. lower middle market. The firm targets institutional-quality multifamily and industrial assets in select markets alongside special situations in other sectors with asymmetric return potential. The firm combines institutional experience with local execution capabilities to identify high-conviction investments often overlooked by traditional capital. OlivePoint is backed by anchor commitments from several leading institutional investors across the U.S., Asia and Latin America.

For more information, visit: https://www.olivepointcapital.com

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