IOS Daily - February 28 - Alterra buys 4.5 acre IOS in Tampa metro area

Good morning. This is IOS List, and we broaden the scope of possibilities.

Now, let’s get to it.

NEWS ROUNDUP

ACQUISITION: Alterra buys 4.5 acre IOS in Tampa metro area. Alterra IOS has acquired 5504 15th Street East in Bradenton, Florida. The property features a 13,390 SF flow-through warehouse. The Alterra deal team was led by Chris White. Robbie Lober, Devin Beeler, and Jason McCormick with Lober Real Estate facilitated the sale and are currently marketing the property for lease.

ACQUISITION: The Mills Group brokers sale of 4 acre IOS site in Unadilla, GA. The Mills Group KWGA has facilitated the sale of 1271 Pine Street in Unadilla, Georgia. The truck parking and IOS site is located behind a planned JP Travel Center at Exit 121 of I-75. Chuck Mills with The Mills Group represented the buyer, Parkland Truck Parking. Douglas Rex Yoder with The Summit Group represented the seller.

ACQUISITION: CanTex buys 8.7 acre IOS in Dallas metro area. CanTex has acquired 7321 East Kennedale Parkway in Arlington, Texas. The property includes a 16,000 SF industrial building. Alex Keeton with Stream Realty Partners is currently marketing the property for lease. The CanTex deal team included Jay Malhan.

LEASE SIGNED: CBRE leases 1.72 acre IOS in San Francisco Bay Area. CBRE has facilitated the leasing of 29588 Ruus Road in Hayward, California. The property features a 10,108 SF warehouse. Austin Hinder and Kevin Hatcher with CBRE represented both the landlord, Redco Development, and the tenant in the transaction. The Redco deal team was led by Chris and Jason Freise.

PEOPLE MOVES: Truck Parking Club adds new Chief Relationship Officer. Industry veteran Brent Hutto has joined Truck Parking Club as Chief Relationship Officer. Hutto’s experience includes roles at Truckstop and Randall Reilly.

READ: Port real estate markets in the US are in flux due to tariff concerns_.

FROM OUR PARTNERS

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For Sale and Lease | 2.4 AC | Fully Stabilized, Lit, and Fenced with Mechanical Gate Access | 57 Trailer Spaces | 2 Mobile Offices (Totaling 898 SF) | 3 Docks with 1 Ramp (Totaling 1,801 SF) | Prime Location Near World Trade Bridge and I-35

2.71 AC | Multiple Metal Structures on Site | Business Park (BP) Zoning | 100% Occupancy (Month-to-Month Tenant)

3.18 AC | Graveled and Lit | Electric Security Fence | 100% Leased | Close to Union Pacific Intermodal and I-20

4.34 AC | Fenced, Lit, and Secure | Fully Permitted Paint Booth on Site | Ideal Uses: Heavy Equipment, Truck and Auto Storage, Parking, and Maintenance

12.07 AC | 8” Gravel | Fenced and Lit | Electric Gate Entry | Security Cameras | Rail Access | 4,100 SF Office Building and 1,000 SF Shop/Service Building | Close ti I-485, I-77, I-85, and Charlotte Douglas Intl. Airport

2.5 AC | Convenient Access to I-20 and West Loop 335 | Fully Fenced with Newly Laid Caliche | Ideal for Lay-Down Yard or Truck Parking | 2 Access Points