IOS Daily - April 8 - Outpost buys 12.65 AC truck terminal in Newark, NJ

NEWS ROUNDUP

ACQUISITION: Outpost buys 12.65 AC truck terminal in Newark, NJ. Outpost has acquired 873-915 Delancy Street in Newark, New Jersey. The is the company’s 2nd truck terminal acquisition in the New York/New Jersey corridor in the last 6 months. The property features a new 25,000 SF warehouse with 18 dock-high doors and 1 drive-in door, as well as 300+ concrete and asphalt spaces for containers and trailers. The Outpost deal team included Chenying Zhao, Tres Teschke, Sam Penny, and Josh Neill.

DISPOSITION: Rein & Grossoehme sells 2.67 AC IOS in Phoenix for $4.15M. Rein & Grossoehme has facilitated the sale of 9801 North 19th Avenue in Phoenix, Arizona. The property includes a 7,060 SF industrial building. Max Schumacher, Patrick Sheehan, and Jack Hansen with Rein & Grossoehme’s Sheehan | Schumacher Industrial Team represented the seller, IOS Southwest LLC, in the transaction.

ACQUISITION: Alterra buys 3.8 AC IOS in Portland, OR, metro area. Alterra IOS has acquired 6705 Northeast 117th Avenue in Vancouver, Washington. The property features a 7,240 SF industrial building. Parker Pearson and E. Liam Loftus led the Alterra deal team. Andrew Wiesemann with Matthews facilitated the transaction.

LEASE SIGNED: SRS Industrial leases 2.44 AC IOS in DFW metroplex. SRS Industrial has facilitated the leasing of 167 Sentry Drive in Mansfield, Texas. The low-coverage property features a 25,000 SF industrial building. The new tenant is Heritage Landscape, a subsidiary of SRS Distribution. Joseph Cooper and Katrina Kieu with SRS Industrial represented the landlord in the transaction.

LEASE SIGNED: CBRE leases 2.83 AC IOS in Rochester, MN. CBRE has facilitated the leasing of 7201 22nd Avenue Southwest in Rochester, Minnesota. The property features a 19,990 SF industrial building. Myles Harnden, Hunter Weir, and Jack Perrill with CBRE represented the tenant in the transaction.

PEOPLE MOVES: APEX IOS welcomes new VP of Finance, Controller. APEX IOS has added Naveed Shalwani to the team to serve as Vice President of Finance, Controller. Naveed’s previous experience includes roles at Clarion Partners and Valiant Residential.

FROM OUR PARTNERS

We Ran Yards Before We Wrote Code

Rig Hut wasn't built in a lab. Our founders operated 800+ truck parking spaces in South Florida, running the same Zelle-and-spreadsheet operation most yard owners are running today.

We built Rig Hut because the tools we needed didn't exist. Payments, inventory, reporting, access control, and marketing all purpose-built for truck parking. Not repurposed from self-storage. Not a marketplace taking 20% of your revenue. Your yard. Your data. Your brand.

And we never stopped building. When an operator asks for a feature, we don't add it to a backlog. We ship it, often the same week, sometimes the same day.

8-10 AC of Infill Land for BTS (Lease) or Purchase | Great Infill Location with Proximity to Industrial Users | Close to I-65 North | Zoning: General Industrial with Outdoor Storage Permitted

2 AC Net Leased Yard | New 5-Year Lease with 2 Renewal Options and 3% Annual Rent Escalations | Year 1 NOI: $100,800 | No Landlord Responsibility | Clean Environmental | Tenant: USG Corp — AAA Investment-Grade Tenant ($10B+) | Stabilized, Fenced, and Gated | Blocks from Houston Ship Channel and I-10 | Heavy Industrial Area with Sticky Tenants | Offers Due 4/20/26

4.65 AC | Prime Urban IOS Site | Just 6.2 Miles from Center City Philadelphia, 1.5 Miles from I-95, and 2 Miles from Tioga Marine Terminal | I-2 Industrial Zoning

4.9 AC | IOS Storage | 40,000 SF Facility | Multiple Docks and Drive-in Doors | No Restrictions on Outside Storage or Operating Hours | Heavy Power | Located ¼ Mile from Highway | Less than 20 Miles to Boston

4.67 AC | Level Surface with Full Perimeter Fencing and Gated Access | 1,000 SF Office | Several Covered Garages and Covered Mechanical Bay | Efficient Truck Access | Industrial District Zoning | 3.4 Miles to FL-570, 12.2 Miles to I-4, and 10.6 Miles to Lakeland Intl. Airport

1-6 AC Available | Gated Access Control for Entire Site | Fencing Is Possible | Convenient Access to Preston Road and Dallas North Tollway