IOS Daily - April 17 - Alterra buys 14 acre IOS in SC for $3.3M

NEWS ROUNDUP

ACQUISITION: Alterra buys 14 acre IOS in Spartanburg, SC for $3.3M. Alterra Property Group purchased 740 Falling Creek Road in Spartanburg, South Carolina, for $3.3 million. The 14.1 acre property includes a 12,000 SF warehouse with 8 drive-through doors and 2 dock-high positions, along with an additional 6,000 SF building. For leasing inquiries, contact Alex Shields of Bridge Commercial.

ACQUISITION: Triten acquires 12.59 acre terminal in Kansas City, MO. Triten Real Estate Partners closed on 4950 Stilwell Street in Kansas City, Missouri. The 12.59 acre property features a 30,000 SF cross-dock terminal and a 20,000 SF drive-in shop. Nearly 50% of the property, including 6 acres of IOS space, is currently available to lease. The Triten deal team included Zach Dobin. For leasing inquiries, contact Andrew Fischer and Henry Weiler of FWI and tell ‘em IOSList sent ya!

ACQUISITION: Zenith buys 20 acre IOS in Kissimmee, FL for $7.5M. Zenith IOS has purchased 3501-3531 Pug Mill Road in Kissimmee, Florida. The 20 acre IOS property includes 3 warehouses, as well as an office building. The sale price was $7.5 million. The Zenith deal team was led by Principal and Head of Investments Alex Olshansky.

ACQUISITION: Panther brokers 1.1 acre IOS deal in Panther, FL. Panther Capital Group represented both the buyer and seller in the sale of 6424 Causeway Boulevard in Tampa, Florida. The 1.1 acre IOS property includes 3,674 SF of indoor space. The sale marked Panther’s third closing in Tampa in the last month. The Panther deal team was led by Guillermo De Nicolas.

LISTEN: A NNN developer in despair as electrical components are still delayed up to 24 months.

FROM OUR PARTNERS

FOR SALE/LEASE: Cedar Hill, TX – 7 acre ISF

Address: 1230 S. J. Elmer Weaver Freeway, Cedar Hill, TX 75104

Features: Frontage and visibility on Hwy 67, fully concrete surface, fully secured with chain link fence, highway signage available, ability to add warehouse or shop facility

Close To:  Hwy 67, Downtown Dallas, and DFW Airport

Buildings: 11,100 SF across 3 buildings

Zoning: M2 (Heavy Industrial)

Asking Price: Contact Broker

Rental Rates: Contact Broker

FOR SALE: Rialto, CA - 3.17 acre IOS

Address: S.E. Valley & Willow Boulevard, Rialto, CA 92376

Close To: 10 Freeway, Ontario International Airport

Zoning: F-C (Freeway Commercial)

Asking Price: $9,500,000

Info: LINK

FOR SALE: Los Angeles, CA - 0.74 acre truck yard

Address: 415 W. 130th Street, Los Angeles, CA 90061

Features: Fenced, paved, lit, gated

Close To: 110 and 91 Freeways, Port of Los Angeles, Los Angeles International Airport, Long Beach-Daugherty Field Airport

Buildings: 1,408 SF building, office space

Zoning: M1, M2

Asking Price: $5,200,000

Info: LINK

FOR LEASE: Houston, TX - 3.4 acre IOS

Address: 13001 Elaine Road, Houston, TX 77047

Features: Fully-stabilized crushed rock, fully-fenced, 3-phase power, 3-ton bridge crane

Close To: Excellent proximity to State Highway 288, Sam Houston Tollway

Buildings: 11,680 SF building with 1,100 SF office, 3 grade-level doors

Rental Rate: Contact Broker

Info: LINK 

FOR LEASE: Brooklyn, NY - 0.69-1.91 acre IOS

Address: 2647 Stillwell Avenue, Brooklyn, NY 11223

Features: 3 drive-in doors, divisible to 30,000 SF

Close To: Belt Parkway, Verrazzano Bridge, Brooklyn Bridge, JFK

Buildings: 1,650 SF slab on grade (warehouse), 1,300 SF office

Zoning: M3-1

Rental Rates: Upon Request

Info: LINK

FOR LEASE: Chatsworth, CA - 1.99 acre IOS

Address: 21540 Nordhoff Street, Chatsworth, CA 91311

Features: Fenced and fully secure, concrete and asphalt yard, dual street access, covered storage area, 4 points of ingress/egress

Close To: 118 and 101 Freeway, Bob Hope Airport

Zoning: MR2-1, P1

Rental Rates: $0.65/SF/mo NNN

Info: LINK