IOS List
Posts
IOSList - August 1, 2023

IOSList - August 1, 2023

Scott Ramser wins an IOSList mug! Criterion closes a river-front IOS. Cushman says industrial will hit 5% vacancy. Ten new IOS deals.

Maham Riaz & Alex Best
August 01, 2023

Welcome to IOSList, the megaphone for the industrial outdoor storage and low-coverage industrial market.

IOSList Referral Program

Scott. Ramser. Makes. It. Happen. Big thanks to Scott, who was the first reader to refer 5 subscribers to IOSList. Vanna, tell him what he’s won!

Also in Scott’s honor, we are donating $100 to the charity of his choice. If you want to crawl up the leaderboard, scroll to the end for referral program details. Also, we are highlighting a few of Scott’s listings below: two beauties in Altamonte Springs, FL!

→ Don’t forget to add your contact info to the IOSList Professional Network. We are creating a directory of all the biggest owners, brokers, lenders, and investors. It will serve as a map of the industry. You want to be on that map. Click here.

NEWS ROUNDUP

Criterion closed a 143-acre parcel in Chesapeake, VA

CLOSING: Criterion Group buys a 143.3 acre IOS parcel in Chesapeake, VA on the banks of the Elizabeth River. The site has 34.6 usable acres and is available for lease: [email protected]
Reviving CRE markets in the wake of big city rebound. “We have been bullish on industrial due to the resiliency of this asset class and the fact it doesn’t seem to be affected by demographic shifts in the overall population from urban core to suburban,” Steve Wyent of Alliant Credit Union.
Key IOS strategies for supply chain execs. Good tips for logistics pros to navigate the search for IOS space. “If they can afford to locate the sites outside of the more competitive submarkets, they will save considerably.”
NAHB housing index highest since June 2022. Buyer are still frisky, but builders continue to grapple with supply-side challenges, including ongoing scarcity of electrical transformer equipment and growing concerns about lot availability.
Top 20 industrial rent growth markets. Philly leads the way in YoY industrial rent growth, while traditional industrial hotbeds (SoCal, Northern New Jersey) level off.
Industrial vacancies will rise to 5%, says Cushman. Supply-demand of industrial space is shifting to the supply-heavy side of the equation. Cushman says vacancies will reach 5% in 2024.

THE COST OF MONEY

IOS FOR SALE

FOR SALE: Los Angeles, CA – 1.41 acre IOS development site

Address: 943 N Marianna Ave in Los Angeles, CA 90063, USA

Features: Fully fenced, paved and lighted, soft corner with two (2) ingress/egress

Close To: 710, 10, 60 Freeways, LAX, Bob Hope Airport, Port of Long Beach

Zoning: M-1

Info: LINK

Asking Price: $3,100,000

Broker: Patrick Barnes at 213-618-3826

FOR SALE: Philadelphia, PA – 0.55 acre IOS Parking

Address: 2067 Bennett in Philadelphia, PA, 19116

Features: Water, gravel base, lit, secured

Building: optional build-to-suit of 12,000 SF

Close To: I-95,R-1 & Turnpike, Trenton Mercer Airport, Philadelphia International Airport & Port of Philadelphia

Zoning: I-2

Info: LINK

Asking Price: $950,000

Broker: Alex Beleacov at 267-399-0400

IOS site for sale at San Diego, California

FOR SALE: San Diego, California – 5.85 acre IOS site

Address: 2660 Cactus Road, San Diego, California, 92154

Features: Fenced, secured, gravel base, three bridge cranes & rooftop solar

Building: 25,300 SF industrial building, 2,160 SF office building, 2,160 SF storage building

Close To: Port of San Diego, downtown San Diego & San Diego International Airport

Zoning: IH-1-1

Info: LINK

Broker: James Duncan at 858-369-3015

FOR SALE: Westminster, CA – 0.91 acre IOS development site

Address: 6392 & 6402 Maple Ave. Westminster, CA, 92683

Features: Fully fenced, secured, lit, and paved

Close To: Freeways 405 & 22

Zoning: M1

Info: LINK

Asking Price: $5,199,340

Broker: Mike Barreiro at 949-355-8500 or Devin Ray at 714-322-1252

FOR SALE: Bloomington, CA - 0.73 acre IOS site

Address: 17736 Slover Ave in Bloomington, CA, 92316

Features: Slover Ave frontage, fully fenced/secured, water, well-lit, paved

Building: multiple structures totaling 1,236 SF

Close To: I-10 Freeway, I-15, I-215 & Ontario International Airport

Zoning: IC (Community Industrial)

Info: LINK

Asking Price: $1,750,000

Broker: Rene Ramos at 909-980-6868 x107 or Jacob Bernardy at 909-935-0935

IOS FOR LEASE

FOR LEASE: Orlando metro (Altamonte Springs), FL 3.5 acre IOS

Address: 601 Hillview Dr, Altamonte Springs, FL

Features: secured, paved, lit, all weather surface, electric available

Close To: minutes to Interstate 4 and state roads 434, 414, and 436

Zoning: C-3, permits tractor and trailer parking, lumber yards, machinery sales and storage, contractor yards, fleet parking

Info: LINK

Brokers: David Murphy at 407-404-5020, Monica Wonus at 407-404-5042, or Cameron Thomas at 407-404-5078

FOR LEASE: Camden, NJ - 12.2 acre IOS

Address: 1435 River Ave, Camden, NJ 08105

Features: divisible, ability to fence, pave and light the site with BTS options

Buildings: 4,230 SF service facility with 18’ clear height, three (3) drive-in doors at 12’×14’, 2,498 SF office in smaller building with 14’ clear height and three (3) drive-in doors at 12’x14’

Close To: Less than 7 miles to Benjamin Franklin, Walt Whitman, and Betsy Ross bridges. Proximate to I-676, I-76, I-95, NJ Turnpike and I-295 access. Two-tenths of a mile from Conrail Shared Assets Yard.

Zoning: LI-2, approved uses include parking for vehicles, buses, trailers, and storage of equipment and building materials

Info: LINK

Brokers: Sean Kelly at 856-630-5806 and Brian Hilger at 610-209-2765

FOR LEASE: Savannah, GA - 57,000 SF BTS warehouse

Address: 774 King George Blvd, Savannah, GA 31419

Features: ESFR fire protection, LED lights, 10’ concrete tilt wall panels, clear span, 29’ in front and 25’ in rear, 16 doors (dock high and drive-in)

Available: December 1, 2023, pre-lease now

Close To: immediate access to Highway 17+Highway 204 intersection, 5 miles to I-95, 13 miles to Port Savannah, 17 miles to Savannah airport

Info: LINK

Brokers: Oleg Mitnik at 917-656-1682

FOR LEASE: Savannah, GA - former True Value Hardware building - low coverage

Address: 782A King George Blvd, Savannah, GA 31419

Features: large overhead door, multiple points of access, excellent frontage on busy road

Building: 10,350 SF with 1,400 SF of storage, 32 parking spaces, 4 AC units

Close To: 4 miles to I-95, 13 miles to Port Savannah, 17 miles to Savannah airport

Price: $15.50/psf NNN

Info: LINK

Brokers: Oleg Mitnik at 917-656-1682

FOR LEASE: Orlando metro (Altamonte Springs), FL - up to 4.82 acres of IOS with BTS potential

Address: 601 Hillview Dr, Altamonte Springs, FL

Parcels: 2.66 acres and/or 2.16 acres

Features: fully fenced, all-weather surface, electric available, build-to-suit up to 24,000 acres on either parcel, possible to combine

Close To: minutes to Interstate 4 and state roads 434, 414, and 436

Zoning: C-3, permits tractor and trailer parking, lumber yards, machinery sales and storage, contractor yards, fleet parking

Info: LINK

Brokers: David Murphy at 407-404-5020, Monica Wonus at 407-404-5042, or Cameron Thomas at 407-404-5078

ONE MORE THING

Everyone loves Industrial Outdoor Storage, but where are deals leasing for $35,000 an acre per month???
— Ronald Rohde Law (@rohde88)
7:15 PM • Jul 28, 2023

SHARE IOSLIST FOR SWAG AND GLORY!

→Try our resources for IOS pros:

Stay Connected: Remember to follow us on Twitter @theIOSList and LinkedIn /ioslist for daily updates. Have a story or feedback to share? Don't hesitate to reply to this email or reach out to us at [email protected].

Advertise: Do you want your property listing, closing announcement, or job opening to be seen our army of 5,000+ IOS pros? Click to submit listings here: For Sale or For Lease, or email [email protected].

Share IOSList: Be a hero and share IOSList with your officemates! Just forward this email or invite them to subscribe here.