IOS Daily - August 24 - EML Realty Partners buys 10.5 AC IOS portfolio in FL for $12.38M

NEWS ROUNDUP

ACQUISITION: EML Realty Partners buys 10.5 AC IOS portfolio in FL for $12.38M. EML Realty Partners has acquired a portfolio of 6 IOS and warehouse properties totaling 77,450 SF on 10.5 AC. The properties are 100% leased to Heritage Landscape Supply Group and SRS Distribution. Eric Levitt led the EML Realty Partners deal team. The properties in the portfolio are:

• 300 Central Park Drive in Sanford

• 1250 Northwest 53rd Avenue in Gainesville

• 930 East Oak Street in Lakeland

• 1136 North US-1 in Ormond Beach

• 6300 Arc Way in Fort Myers

• 465 Roberts Road in Flagler Beach

ACQUISITION: Bering Capital Partners buys 12 AC IOS in Manteca, CA. Bering Capital Partners (BCP) has acquired 2577 West Yosemite Avenue in Manteca, California. The property includes a 12,250 SF shop building and a 13,000 SF office building. The transaction was facilitated by Alex Hoeck, Mike Goldstein, and Ryan McShane with Colliers, as well as Nathan Prouty and Briana DeHaan with Northmarq. Christopher Aust led the BCP deal team.

DISPOSITION: Kassin Sabbagh Realty sells 9.1 AC IOS in Houston. Kassin Sabbagh Realty (KSR) has facilitated the sale of 12000 Hirsch Road in Houston, Texas. The property features a 32,500 SF industrial building. David Warren and Emil Shabot led the KSR deal team.

DISPOSITION: Panther Capital Group sells 4.28 AC IOS in Fort Myers, FL. Panther Capital Group has facilitated the sale-leaseback of 1901 Benchmark Avenue in Fort Myers, Florida. The property features a 9,241 SF industrial building. The buyer was Alterra IOS, while Sims Crane was the seller. Ruben Larrea and Guillermo De Nicolas led the Panther Capital Group deal team.

LEASE SIGNED: Voit leases 2.19 AC IOS in San Diego metro area. Voit Real Estate Services has facilitated the leasing of 460 Olive Avenue in Vista, California. The property includes a 1,830 SF office and a 1,940 SF warehouse building. Michael Mossmer, Patrick Connors, and Ryan Moore with Voit represented the tenant, VCI Construction, in the transaction.

PEOPLE MOVES: Steel Peak expands into Texas IOS market with new Acquisitions Director. Steel Peak has announced that it is expanding into Texas IOS with a focus on the DFW, Houston, Austin, and San Antonio markets and has hired Eli Ray to serve as Acquisitions Director in the region. Eli’s previous experience includes a role as Market Lead, Central US, for Dalfen Industrial.

FROM OUR PARTNERS

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

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

5.02 AC | Fully Fenced and Secured with Electric Gate | Road-Base Surface Engineered with 4% Slope | Site Lighting Throughout | Water Onsite | 200 Amp Electrical Service | New Aboveground Fuel Tank | Cattle Guard at Entrance | Office Trailer and Storage Buildings | Powered Conex Container | Minutes from Peterson Space Force Base and Colorado Springs Airport | Convenient Access to Powers Boulevard, US-24 and I-25 | Asking Price: $2,600,000

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

0.5-4 AC | Fenced and Road-based | Convenient Access to I-287, E-470, US-36, and Baseline Road | Modern Office Space Available on Site with Flexible Suite Sizes | Strong M1 Zoning Allows for Flexible Industrial Uses

7 AC | Stabilized Yard Space Available for Immediate Use | Fully Fenced and Gated | LED Outdoor Lighting | Proposed 10,000-15,000 SF Build-to-Suit Warehouse Featuring 24’ Clear Height, Crane-Ready Construction, and Heavy 3-Phase Power | Quick Access to I-37 and I-69/US-77