North Palisade Partners LLC announced the addition of Pete Williams to the firm as vice president of investments. The Newport Beach-based real estate development and investment firm specializes in industrial and self-storage markets in Southern California and select markets of the west. Mr. Williams will be focused on the sourcing and oversight of industrial development projects in the western region.
“We are thrilled that Pete has joined our company and are looking forward to utilizing his expertise as we continue to expand our presence in parts of the West and Southern California,” said Joe Mishurda, founder of North Palisade Partners. “Pete’s experience in acquisitions, due diligence, entitlement, and development of more than $1 billion of CRE projects across asset classes will provide an important component to our team.”
North Palisade Partners pursues various opportunistic and value-add investment strategies, including ground-up development, land entitlement and building repositioning. Recently, North Palisade acquired three industrial and self-storage development properties across the Southern California region for a total of $125 million. In addition, the company has more than $500 million of additional acquisitions under contract.
Prior to joining North Palisade Partners, Mr. Williams served as Investments Director at American Realty Advisors, where he focused on sourcing acquisitions, developments, and structured finance investment opportunities for their various funds across the Midwest and Southeastern United States.
A graduate of the University of Southern California’s Annenberg School of Communication, Mr. Williams was a member of NAIOP’s Southern California, Young Professionals Group Los Angeles/Orange County Class. He resides in the Los Angeles area.