IOS Daily - December 5 - Crosswest Capital buys 10.27 acre ISF portfolio in Central PA

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NEWS ROUNDUP

ACQUISITION: Crosswest Capital buys 10.27 acre ISF portfolio in Central PA. Crosswest Capital has acquired a portfolio of 2 industrial service facilities located in Central Pennsylvania. Derek Fish and Ben Andreycak led the Crosswest deal team, which was represented by Guy Hananya with Clear Height Advisors in the transaction. The properties in the portfolio are:

• 1610 Industrial Drive in Carlisle — 40,730 SF on 5.77 acres

• 655 Laura Court in Lewisberry — 15,075 SF on 4.5 acres

ACQUISITION: IG Logistics buys 3 acre IOS in North Reading, MA for $3.5M. Imperium Capital’s IG Logistics has acquired 79-81 Concord Street in North Reading, Massachusetts. The seller was Centre Realty Trust. The low-coverage property features a 6,500 SF industrial service facility and is partly leased to Sullivan Tire. Michael Ciummei with JLL is marketing the remaining 1.5 acres for lease. Tom Mammolito and Daniel Glaser led the IG Logistics deal team.

DISPOSITION: Axiom sells 1.37 acre IOS in Clearwater, FL for $2.45M. Axiom Capital Advisors has facilitated the sale of 11601 47th Street North in Clearwater, Florida. The property includes a 10,000 SF industrial building. Jose Sasson and Roberto Susi with Axiom represented the buyer, Catalyst Investment Partners, in the transaction. Dylan Schroeder and Connor Knauer with Matthews represented the seller.

DISPOSITION: JLL sells 2-property IOS portfolio totaling 11.52 acres in Colorado. JLL has facilitated the sale of 995 North 5th Avenue in Brighton and 3240-3250 Astrozon Place in Colorado Springs, Colorado. The portfolio totals 67,000 SF on 11.52 acres, and both properties are currently 100% leased. Peter Merrion, Hannah Pennington, and Robert Key led the JLL deal team.

ACQUISITION: Alluvion Partners buys 2 acre IOS in Knoxville, TN metro area. Alluvion Partners has acquired 14395 Hickory Creek Road in Lenoir City, Tennessee. The low-coverage property features two 6,000 SF warehouses. Dean Taylor led the Alluvion Partners deal team in the off-market transaction. Alex DeRusha and Jay Cobble with Providence Commercial Real Estate are currently marketing the property for lease.

LEASE SIGNED: IronHorn Enterprises leases 4.15 acre IOS in Cincinnati. IronHorn Enterprises has completed a 10-year, full-site lease for 1100 Gest Street in Cincinnati, Ohio. Silas Hathaway led the IronHorn deal team. The property currently features 48,108 SF of office and maintenance space, which will be redeveloped to create additional parking. The transaction follows IronHorn’s strategic acquisition of the property, led by Ryan McConnell.

FROM OUR PARTNERS

For Sale and Lease | 0.93 AC | Fenced and Lit | Compact Gravel | 5,173 SF Building with 4,000 SF Warehouse, Additional Office Space, Bathroom, and 2 Drive-in Bays | 5 Minutes from I-76 and I-676 | Quick Access to Major Transportation Routes and Philadelphia Metro | Neighbors Include EMR and Camden Port | Port Related Industrial Zoning Allows for Light Industrial, Maritime, and Commercial Uses, Including (but Not Limited to) Junkyard Usage

13.65 AC | Pre-approved Site Plan for ±106,205 SF of Industrial | Frontage Along Florida Turnpike | Located Directly off I-95 Exit | 2 Income-Producing Billboards May Be Included in Sale | Light Industrial Zoning

4.53 AC | Gravel Driveway with Gated Entry | Lit | Security Cameras | Well and Septic | 11,200 SF Warehouse with 1,600 SF Office and (5) 20’x80’ Drive-Through Bays | 3-Phase Power | 5 Minutes to I-35 Exit, 35 Minutes to Providence and Worcester, and 50 Minutes to Airports

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

0.8 AC | 7,200 SF Building Newly Renovated in 2025 | ±5,415 SF Warehouse Space with (2) 5-ton HVAC Units, Full LED Lighting System, and (2) 12’x12’ Overhead Bay Doors | Fully Remodeled Offices with 2 Restrooms | Multiple Areas for Conference and Show Rooms | 15+ Parking Spaces

4.27 AC | Renovation Starting Soon | Private, Fenced, and Secured Yard | ±25,840 SF Industrial Facility with 3 Grade-Level Doors | 2,000 Amps/480 Volts | Immediate Access to I-15 | Within Minutes of CA-52, I-8, CA-163, I-805, and I-5 | Close to Montgomery-Gibbs Executive Airport