IOS Daily - August 5 - Hyde Park Real Estate buys 12.8 AC IOS in San Antonio metro

NEWS ROUNDUP

ACQUISITION: Hyde Park Real Estate buys 12.8 AC IOS in San Antonio metro. Hyde Park Real Estate has acquired 1903 FM 1516 in Converse, Texas. The property features about 7,000 SF of warehouse improvements and is fully leased to Satellite Shelters. Sameed Gagai, Christian Ardoin, and Milco Cipriani led the Hyde Park deal team. Will Bost with Spur Commercial facilitated the transaction.

DISPOSITION: Matthews sells 5.49 AC IOS in Duluth, MN, metro area. Matthews has facilitated the sale of 3751 Midway Road in Hermantown, Minnesota. The property features an 11,970 SF truck terminal building and is fully leased to FedEx Freight. Patrick Nolan and Jack Lenihan with Matthews represented the seller. Phil Prounh with Kensington Vanguard also assisted with the transaction

ACQUISITION: Westlake buys 4.23 AC IOS in West Sacramento for $3,175,000. Westlake Realty has acquired 601 Harbor Boulevard and 600 Gilde Avenue in West Sacramento, California. The property features small office and shop buildings. The Westlake deal team included Stew Cedarleaf, Kristina Chang, Lino Campanile, and Brandon Rowell. Sean Merold, Mike Zimmerman, Ryan DeAngelis, and Jimmy Landis with CBRE facilitated the transaction.

LEASE SIGNED: Partners leases 4.94 AC IOS in Austin metro area. Partners has facilitated the leasing of nearly 5 AC at 707 CR 105 Spur in Hutto, Texas. The property is a new 30 AC IOS development. Stan Nowak, Andrew Alizzi, and Ben Seger represented the landlord in the transaction.

LEASE SIGNED: Lober Real Estate leases 5 AC IOS in Sarasota, FL, metro area. Lober Real Estate has facilitated the leasing of 6009 and 6015 15th Street East in Bradenton, Florida. The property features 4 buildings totaling 13,305 SF. Jason McCormick led the Lober Real Estate deal team in the transaction.

LEASE SIGNED: The Blev Group leases out 1.2 AC IOS in Richmond metro area. The Blev Group has leased out 10427 Dow Gil Road in Ashland, Virginia. The property includes an 11,300 SF industrial facility. Henry Cornell led the Blev Group deal team in the transaction.

FROM OUR PARTNERS

3.72 AC | Infill Location with Future Redevelopment Potential | 100% Leased to Industrial Credit Tenant with BBB+ Rating | Stable 5-Year Cash Flow with Future Upside Potential | Function, Modern, Mission-Critical IOS Facility with Low Site Coverage | 2,850 SF Renovated Office with Mezzanine, 9 Drive-ins, Full Clear Span, and LED Lighting | Easy Access to I-70 and I-25 | Closest Equipment Rental Site to Downtown Denver

3.07 AC | Paved, Lit, Fenced, and Gated IOS Property | 3-Phase Power | All Utilities Onsite | Total of 11,630 SF: ±8,500 SF Warehouse with 17’-19’ Clear Heights and ±2,500 SF Canopy Building, Both with Cross-Dock Loading and Grade-Level Oversized Drive-in Doors Available | Close to I-95, I-895, Dundalk Marine Port, and Downtown Baltimore

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

3.88 AC | Secured with Electric Fence | 17,090 SF Maintenance Facility with 12 Drive-in Doors and (2) 3-Ton Bridge Cranes | Located 0.5 Miles from I-465 | Easy Access to I-69, I-65, I-70, Downtown Indianapolis, FedEx Hub, and Indianapolis Intl. Airport | 1-3 Zoning

5.7 AC | 11,550 SF Service Building with 1,700 SF Main Office, Secondary Office, and 10 Oversized Roll-up Doors | Over 5 AC of Graveled Outdoor Storage | Full Perimeter Fencing with Secure Electronic Gated Entrance | Site Lighting | 3-Phase Power | Existing Landing Strips | Close Proximity to I-95 with Direct Visibility from Highway | ASKING RENT: $4,500/AC/Month NNN

2.5 AC Available | Heavy Stabilization | Fully Fenced with Secure Access Gate | Security Lighting and Video Monitoring | Utilities on Site | Direct Access to Beltway 8 and Easy Access to Highway 90, Highway 59, I-45, and I-10 | 14.5 Miles from the Port of Houston | Professionally Managed