- IOS List
- Posts
- IOSList - August 11, 2023
IOSList - August 11, 2023
Bankrupt Yellow Corp flooding the market with 300 IOS. Closings by ABR/Biynah and Industrial Outdoor Ventures. Prologis sees hot demand in 2024. Ten new IOS deals to analyze.
This is IOSList, the clearinghouse for IOS information.
Now, let’s get to it.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/63d9c081-901a-4fcb-ab43-5f223c03eb68/IOS_List_Line_Break.png)
NEWS ROUNDUP
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5010c606-7b6e-40cb-af24-d6e1e56509e6/IOS_Vacancy_Lowest_Across_CRE.jpg)
How it’s going for IOS…
Yellow Corp bankruptcy could bring a flood of 300+ IOS to market. Yellow will likely walk away from its active leases and landlords will be forced to file appearances as creditors in the bankruptcy case. The trustee “will look to sell off assets in a manner that maximizes value.”
CLOSING: ABR Capital and Biynah acquire 3 IOS deals. The JV acquired properties in Dallas, Nashville, and Phoenix to grow their “Transportation-Related Industrial Portfolio” (TRIP) to 17 assets.
LEASE SIGNED: Lee & Associates assisted IOV in landing tenant Connect One at IOV’s 4.5-acre trailer yard in Morrow, GA. IOV’s team included Rick Tumlin, Michael Sutter, and Elizabeth Kennedy with Lee & Associates, and William Crane with Strategic Real Estate Partners repped the tenant.
E-Commerce boom sparks investor interest in IOS. “Well-located properties, especially near infill areas or trans-shipping hubs, are extremely scarce and development is challenging.” Music to our ears.
Prologis: competition for industrial space will heat up in 2024. “Customers are advised to take advantage because the rapid decline of new construction starts and delayed decision-making could increase competition for space in 2024.”
CLOSING: Concrete plant with IOS in St Pete sells for $5M. Located at 4451 8th Avenue, it was sold on July 11 by STABIL Concrete Products Company. The property was purchased in 2006 for $1.2 million.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/63d9c081-901a-4fcb-ab43-5f223c03eb68/IOS_List_Line_Break.png)
THE COST OF MONEY
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/530e2e6e-8c72-41fa-80b5-edd04186e70d/Rate_Tracker_8-10-23.jpg)
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/63d9c081-901a-4fcb-ab43-5f223c03eb68/IOS_List_Line_Break.png)
IOS FOR SALE
![IOS for sale at Bakersfield, CA](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/27b7dffa-363f-4e3b-a90f-bc50aa8e88cc/image.png)
FOR SALE: Bakersfield, CA – 0.55 - 1.68 acre multiple lots
Address: Skycrest Business Park in Bakersfield, CA, 93309
Features: Leveled
Close To: Edison Hwy, Hwy 58, Weedpatch Hwy & Meadows Field Airport, Union Pacific rail adjacent
Zoning: M-1 & M-2, lots can be combined up to 15 acres
Info: LINK
Broker: Scott Wells at 661-631-3822
![Chicago, IL IOS for sale](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/58dc1c70-b4fb-44a5-b2cf-a113c08ca0f8/Melrose_Park_IL_for_sale.jpg)
FOR SALE: Chicago metro (Melrose Park), IL – 1.15 acre IOS
Address: 2050 George St, Melrose Park, IL 60160
Features: Secure site and gated with remote access
Close To: I-88, I-290, I-294, O’Hare Airport, and Global II UP Intermodal
Zoning: G - Industrial
Info: LINK
Brokers: Jason Lev at 847-706-4044, John Suerth at 847-706-4929, or Jimmy Kowalczyk at 630-368-5548
![IOS for sale at Edmond OK](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e16b7820-ba04-4e95-a1af-b51b02b48ada/image.png)
FOR SALE: Edmond OK – 2 acre car lot
Address: 3637 E Waterloo Rd, Edmond, OK, 73034
Features: Fully fenced, over 1 acre of blacktop
Buildings: 4,000 SF under roof with 750 SF of office and a 3,250 SF shop with 12' overhead door.
Close To: I-35
Price: $929,000
Info: LINK
Broker: Robert Williams at 405-822-2877
![IOS for sale at Manassas, VA](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b67f371b-4eab-419a-914a-ed0d26ff86e0/image.png)
FOR SALE: Manassas, VA – 11.06 acre IOS
Address: 11318 & 11350 Industrial Rd, Manassas, VA 20109
Features: Concrete paved, secured, electricity, water, sewer connections, 3 phase power
Close To: Prince William County Parkway, I-66, I-95
Buildings: 12,000 SF warehouse, drive-in doors of 12' x 14', 18' ceilings, air conditioned 4 bays, offices above the bays
Zoning: M2
Info: LINK
Asking Price: $13,995,000
Broker: Patrick Cloud at 703-368-7355
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/37863078-bd5d-4c4f-ade0-09e934deed34/image.png)
FOR SALE: Pompano Beach, FL – 1.71 acre low-coverage development site
Address: 1599 W. Atlantic Boulevard Pompano Beach, Florida, 33069
Close To: I-95, Fort Lauderdale–Hollywood International Airport & Port Everglades
Buildings: Proposed for 8,000 SF total over 4 individual buildings, each with ±5,000 of outside storage and drive-in loading
Zoning: I-1
Info: LINK
Asking Price: $3,400,000
Broker: Zack Krawiec at 563-468-3816 or Larry Genet at 786-496-0440
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/63d9c081-901a-4fcb-ab43-5f223c03eb68/IOS_List_Line_Break.png)
IOS FOR LEASE
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/10e5e0e1-fcce-4f73-8423-d4fb5571a06f/Savannah_True_Value_for_lease.jpg)
FOR LEASE: Savannah, GA - low coverage -former True Value Hardware building
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
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2a29232f-a534-4a93-a319-ff45ca7d846c/Hanahan_IOS_for_lease.jpg)
FOR LEASE: Charleston metro (Hanahan), SC - 2 acre outdoor storage and terminal
Address: 1003 Trident Street, Hanahan, SC 29410
Features: 22 position terminal, parking for ~40 chassis/containers, asphalt surface with concrete dolly pads, dock levelers, fenced, lit, electronic gates
Building: 3,300 SF enclosed with 5,200 SF open-air terminal
Close To: 1.8 miles to N. Charleston Terminal, 10.5 miles to Leatherman Terminal, 11.4 miles to Wando Welch Terminal, 3.3 miles to I-26, 0.9 miles to I-526, 5.7 miles to Charleston International Airport
Zoning: ID - Hanahan
Info: LINK
Brokers: Hagood Morrison at 843-830-9108, John Beam at 843-810-6868, or Brooks Courtney at 859-627-8749
![ISF for lease at Atlanta, GA](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/03b70d34-aecb-4bd2-b474-e66648ce71d3/image.png)
FOR LEASE: Atlanta, GA – 8.75 acre IOS or BTS
Address: 934 & 972 Avon Ave SW, Atlanta, GA, 30310
Features: Level site with concrete and asphalt paving, all utilities on the site
Close To: Hartsfield-Jackson Atlanta International Airport
Buildings: 15,232 SF steel building structure
Zoning: I-1-C
Info: LINK
Brokers: Brian Bratton at 404-942-2028, or Steve Ratchford at 404-942-2003
![IOS for lease at Kearny, NJ](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a3e6d7e5-cd13-48e7-9268-8144fff07d86/image.png)
FOR LEASE: Kearny, NJ – 3-4 acres IOS site
Address: 1201 Harrison Avenue, Kearny, NJ, 07032
Close To: NJTPK Interchange 15W, US Hwy 1 & 9, Newark Port, Newark Airport, Penn Station NY
Buildings: 2,000 SF building (shed type), 16’ clear height, grade-level loading
Info: LINK
Broker: Jason Crimmins at 973-568-6611, Peter Murano at 973-214-9375, Alex Conte at 973-432-1648, or Michael Schipper at 973-936-4173
![ISF for lease at Grand Terrace, CA](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/81ea1476-dd5d-46bd-995a-d6397d2339f3/image.png)
FOR LEASE: Grand Terrace, CA - 2.16 to 6.23 acres ISF
Address: 21516 & 21506 Main St, Grand Terrace, CA 92313
Features: Fenced and secured graveled yard
Close To: Freeways 215/91/60 and on-ramp to Freeway 215, Ontario International Airport
Yard 1: 2.16 acres with a 21,210 SF canopy and 1,000 SF office asking $0.36/SF/Mo NNN ($33,872)
Yard 2: 4.07 acres with a 5,717 SF warehouse and a 4,580 warehouse asking $0.34/SF/Mo NNN ($60,278)
Combined: Asking $0.32/SF/Mo NNN ($86,841)
Zoning: M2 - Industrial
Info: LINK
Broker: Craig Yocum at 951-276-3625, Trent Kimsey at 951-276-3649, or Alexey Zabolotskikh at 951-276-3606
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/22962aa0-162d-42fc-a3dd-9fe3e8630e6d/IOS_List_Line_Break.png)
ONE MORE THING
If someone puts “Trusted Real Estate Advisor” on their LinkedIn, do you trust them more or less?
— Aaron Kraft (@aaronk7)
8:39 PM • Aug 9, 2023
Suspect.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/3b2f1b17-f65d-4bb4-8206-8060636fe164/image.png)
FOLLOW IOSLIST ON LINKEDIN
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/22962aa0-162d-42fc-a3dd-9fe3e8630e6d/IOS_List_Line_Break.png)
SHARE IOSLIST FOR SWAG AND GLORY!
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/22962aa0-162d-42fc-a3dd-9fe3e8630e6d/IOS_List_Line_Break.png)
→Try our resources for IOS pros:
For Sale | For Lease | Space Needs | IOS News | Rent Database | IOS Zoning
Advertise: Do you want your property listing, closing announcement, or job opening to be seen our army of 6,100+ IOS pros? Click to submit listings here: For Sale or For Lease, or email [email protected].