IOS Daily - August 14 - Town Lane launches IOS platform venture with Axis Partners

NEWS ROUNDUP

LAUNCH: Town Lane launches IOS platform venture with Axis Partners. Town Lane and Axis Partners have launched a new IOS platform with Town Lane’s acquisition of a 23-property portfolio. The partnership will combine institutional capital and Axis’ operating expertise to expand across high-growth Sunbelt and other supply-constrained logistics markets. Garret Overlock leads the Town Lane team, while Crawford Arnold leads the Axis Partners team.

DISPOSITION: Marcus & Millichap sells 23.2 AC IOS in Billings, MT. The Doherty Houston Industrial Group at Marcus & Millichap has facilitated the sale of 75 Cerise Road in Billings, Montana. The property is currently leased to Insurance Auto Auctions. Sharon Monagas led the Marcus & Millichap deal team.

ACQUISITION: Steel Peak buys 3.09 AC IOS in Seattle metro for $9M. Steel Peak has acquired 1031 4th Avenue North in Kent, Washington. The low-coverage property includes a 23,515 SF industrial building and is fully leased to Pro-Vac. Will Schmidt with CBRE represented Steel Peak in the transaction. The Steel Peak deal team included Spencer Mikles, Aaron Gill, Derek DeAntonis, Trevan Swierczewski, Pasha Johnson, and Blake Rodgers.

ACQUISITION: CBRE brokers sale of 3.94 AC IOS in Oshkosh, WI. CBRE has facilitated the sale of 4325 South Washburn Avenue in Oshkosh, Wisconsin. The property includes a 16,000 SF shop/office building. Myles Harnden, Hunter Weir, and Jack Perrill with CBRE represented the buyer, a national equipment rental company.

ACQUISITION: Open Industrial buys 2.9 AC IOS in South Plainfield, NJ. Open Industrial has acquired 1271 New Market Avenue in South Plainfield, New Jersey. The property features 7,400 SF of warehouse and office space. Michael McCaffrey, Matt Potolicchio, and Chad Pitts led the Open Industrial deal team. Isaac R. Setton with Kassin Sabbagh Realty facilitated the transaction. William Ericksen, Christopher Todd, and Jordan Avanzato with NAI James E. Hanson are currently marketing the property for lease.

LEASE SIGNED: Lee & Associates leases 4.35 AC IOS in East Tampa. Lee & Associates has facilitated the leasing of 4.35 AC of IOS and 20,130 SF of office/warehouse space at 4710 East Broadway Avenue in Tampa, Florida. Jessica Mizrahi, Edward Killmer, and Benjamin Ewers with Lee & Associates | Tampa Bay represented the landlord, Triten Real Estate Partners, in the transaction. Hector Delgado and Guillermo De Nicolas with Panther Capital Group represented the tenant, Tampa Truck Driving School.

IOS IS TAKING OVER LAS VEGAS

Yards. Ports. Capital. Vegas.

Join 500+ IOS owners, investors, lenders, tenants, and brokers in Las Vegas on February 3 for a 2027 kickoff conference. Find out how the major IOS players will direct capital and acquisition efforts in the coming year.

The event will feature two expert panels sharing tactical intelligence on IOS markets in the Heartland, Mountain Region, and West Coast, along with the latest in deal structuring and tenant demand. We’ll celebrate the Top IOS Owners and Top IOS Brokers for 2026. Then, we'll connect over food, drinks, and music with the people who control deal flow, capital, and tenant relationships. 

IOS West is an invite-only event. Apply below for access and forward to colleagues and contacts who are active in the space.

→ Click here to request an invitation: IOS WEST

2.5 AC | 3,000 SF Covered Structure | Convenient Access to Major Highways and Transportation Routes | C2 Zoning Permits a Variety of Commercial and Light Industrial Operations

180.909 AC | Prime Industrial Investment Potential | ID-1 Industrial Zoning | Site Can Support 3 Cross-dock Buildings Totaling 1.1M SF Without Retaining Wall | Water and Sewer Available | 19 Minutes to Rock Hill; 38 Minutes to Charlotte, NC; and 45 Minutes to Columbia, SC | Asking Price: $15,621,500

5.85 AC | 14,750 SF Office/Industrial/Warehouse Building with 28’ Clear Height and 4 Drive-in Doors | GI 2 Zoning Permits a Wide Array of Industrial Uses

4-7 AC | 300 Parking Spaces | Industrial Zoning | Located Just 11 Miles from the Port of Savannah | Easy Access to Highway 21 Corridor | Close to I-16 and I-95

6.64 AC | Fully Fenced, Gated, Paved, and Lit Yard | 70,042 SF Warehouse/Office Facility | Recent Roof and Fire Sprinkler Upgrades (Existing High Pile Permit) | Multiple Ingress/Egress Point | 3,533 SF Maintenance Building with Wash-Bay and Containment Basin | Immediate Access to Major Houston Highway Systems (I-45, Loop 610, and Beltway 8) | Close Proximity to Refinery Complexes and Port Container Terminals | 3-Phase, Heavy Power Service

16.88 AC | Fully Improved Storage Yard | Divisible | Fenced, Paved, and Lit | Utilities on Site | Close to I-95, I-75, and Palmetto Expressway