IOS Daily - August 17 - Keystone Equities provides KS Group with $60.5M for NJ acquisition

NEWS ROUNDUP

FINANCING: Keystone Equities provides KS Group with $60.5M acquisition debt for 51 AC in Newark, NJ. Keystone Equities has provided a senior bridge loan on behalf of KS Group for the acquisition of 151 Raymond Boulevard in Newark, New Jersey. The property, which was formerly occupied by PSEG, will be repositioned as an IOS site. Jonathan R. Zamir led the Keystone Equities deal team. Shlomo Weissberg and Elli Klapper with CBRE arranged the transaction.

DISPOSITION: Lee & Associates sells 7 AC IOS in Colorado Springs, CO, for $5.05M. Lee & Associates has facilitated the sale of 3250 South Drennan Industrial Loop N in Colorado Springs, Colorado. The property features 11,000 SF of industrial improvements and was fully leased to Gulfeagle Supply at the time of closing. The buyer was Alterra Property Group. Ron Webert with Lee & Associates represented the seller, BW West Properties, in the transaction.

ACQUISITION: Apricus Realty Capital/ABR JV buys 4.3 AC IOS in San Antonio, TX. Apricus Realty Capital, in partnership with ABR Capital Partners, has acquired 8799 Crownhill Boulevard in San Antonio, Texas. The low-coverage property features a 53,100 SF industrial building. The Apricus deal team included Cort Martin, J Matthew Haley, and Garrett Marler.

ACQUISITION: Soholux brokers sale of 3.84 AC IOS in Durham, NC, for $2M. Soholux Realty has facilitated the sale of 2122 Camden Avenue in Durham, North Carolina. The property includes a 5,587 SF industrial building. The Soholux deal team included Laythe Jadallah, Will Krickovic, and Davis McNulty.

ACQUISITION: K2 RE Capital, Bear Development buy 2.7 AC IOS in Orlando, FL. A partnership between K2 Real Estate Capital and Bear Development Holdings has acquired 4315 Southwest 34th Street in Orlando, Florida. The low-coverage property features a 29,760 SF warehouse and is 100% occupied. Lucas Olin with Beachfront Realty represented both the buyer and the seller in the transaction.

LEASED SIGNED: Colliers facilitates lease renewal for 6.42 AC IOS in San Francisco Bay Area. Colliers has facilitated a lease renewal for 1601 Aurora Drive in San Leandro, California. The property includes a 27,638 SF industrial distribution facility occupied by FedEx. Greig F. Lagomarsino, Nick Ousman, Chris Stauber, and John Lagomarsino with Colliers, along with Jeff Kernochan and Andrew Mager with Cresa, facilitated the transaction.

FROM OUR PARTNERS

As experienced industrial operators, we understand the dynamics of IOS. Our high-leverage financing is built for speed and flexibility, backed by a relationship-driven approach that helps investors and operators execute their business plan.

7.08 AC | Fully Fenced with Electric Entrance and Exit Gates | Well Lit with Brand-New 300W and 480W Light Fixtures | 31,970 SF of New Heavy-Duty Asphalt (Existing Asphalt from 2015 Resealed and Re-striped in 2026) | 72 Semi Tractor-Trailer Combo Spaces, (19) 53’ Trailer Spaces, 61 Semi Tractor Spaces, and 92 Auto Spaces | Close to I-4 and Polk Parkway | Asking Price: $7,434,000

198 AC | R-2 Mixed Use Zoning Offers Remarkable Flexibility for Development Possibilities | Seamless Access to Regional and National Markets | Strategic I-77 Corridor Location | Asking Price: $14,257,530

6.61 AC (Nearly 3 AC of Usable Storage) | 17,000 SF Industrial Building | Hwy 41 Visibility on Same Corridor as Costco (Less Than 1 Mile Away) | Convenient Access to MN-5 and US-212 | Expected to Be Vacant in February 2027

2-10.23 AC Available | Fully Fenced with Automatic Gates | Crushed Rock Surface | Lit | Utilities Onsite | Immediate Access to US-287 and Loop 820 with Convenient Access to I-20 and I-30 | Flexible Term | 8 Miles to Downtown Fort Worth, 21 Miles to DFW Intl. Airport, and 30 Miles to Downtown Dallas

2.79 AC | Paved, Lit, and Secured Yard | 8,113 SF (3,200 SF Shop and 4,913 SF Office) | Shop Has 6 Grade-Level Doors and 16’ Clear Height | Office Building Has 7 Private Offices, 2 Estimator Rooms, Conference Room, and Reception Area | 44 Parking Spaces | Existing Concrete Pad Set for Future Above-Ground Fuel Tank | Proximate to Loop 101, I-17, and US-60

3.52 AC | Perimeter Fencing | All Utilities to Site | Zoning Supports Contractor Yard, Laydown Yard, Fleet Parking, Equipment Storage, and Material Storage Uses | Convenient Access to I-10, US-17, and Downtown Jacksonville