IOSList - August 18, 2023 - Axis launches EV-focused IOS platform

NEWS ROUNDUP

1. AxisIOS announces platform for EVs. “Axis Electrified Solutions (AES) is currently building its first site in Vernon, California, located just a half mile from the 710 freeway, a major freight corridor coming out of the Ports of Los Angeles and Long Beach and home to numerous distribution centers. Opening at the beginning of 2024, the site will have enough spaces for 42 medium-duty vehicles, which will include 34 level 2 chargers and 8 level 3 DC fast chargers.” LINK

2. CLOSING: IOV acquires 2.61 acre ISF in Inland Empire. “This assemblage allows us to market individually or as 7.61 contiguous acres with more than 40,000 square feet of buildings. Specs like that are virtually nonexistent in the Inland Empire.” -Anthony DeLaurentis.

3. Ten things tenants are thinking about with supply chain real estate. “In Q4 2022, DFW’s product under construction peaked at 74 MSF, with 58 MSF still under construction…turbulent debt market that has left a lot of money on the sidelines with sales activity coming to a screeching halt when compared to that of 2021 and early 2022 as well as forcing developers to hit the pause button on speculative construction” -Ward Richmond, Colliers

4. Yellow Corp selects Citadel and MFN for $142M in bankruptcy financing. “The new agreement in principle is expected to save the estate between $27 million and $43 million in fees along with interest savings of $300,000. It also provides a 180-day period to market and sell the assets.” Brokers, start your engines.

5. The freight market staying lower for longer. “Private fleets represent over half of Class 8 tractor capacity, and we believe their growth is pulling freight out of the for-hire market, prolonging the industry downturn.” -Tim Denoyer, ACT Research Co

FOR SALE: Stockton, CA – 6.57 acre IOS

Address: 2973 Loomis Road, Stockton, CA 95205

Features: 120 striped trailer/truck positions, asphalt, fully fenced, lit, grade-level doors, water, sewer, electricity, three points of ingress/egress

Close To: Hwy 99, I-5, Hwy 120, Hwy 4, I-205, Port of Stockton, BNSF and UP Intermodal Facilities

Buildings: 6,000 SF shop building with eight 14’x16’ drive-thru doors and 18-20’ clear, 1,200 SF storage building with two 14’x12’ roll-up doors, two-story office, one private office, two restrooms

Zoning: I-L Limited Industrial, San Joaquin County

Info: LINK

Brokers: Wes Widmer at 209-598-0331, Mike Goldstein at 925-683-7059, Alex Hoeck at 209-851-1191

FOR SALE: Los Angeles metro, CA – 2.53 acre IOS

Address: 2476-2512 Rosemead Blvd, South El Monte, CA 91770

Features: Concrete paved land

Buildings: Existing small industrial

Zoning: SEM

Info: LINK

Brokers: Grace Zhang at 909-223-2297 or Kelly Deng at 626-215-7324

FOR SALE: Chattanooga, TN – 6.7 acre IOS development site

Address: 4538 N Access Road, Chattanooga, TN 37415

Features: Trailer parking and rail-served

Close To: Located within a 800,000 SF Class A industrial park, proximate to I-75, I-24, Downtown Chattanooga and Chattanooga Metropolitan Airport

Buildings: Up to 50,000 SF build-to-suit

Zoning: M-1

Info: LINK

Brokers: John Tugman at 423-654-7104, Wilson McGinness at 423-290-0237

FOR SALE: Fredericksburg, VA – 11.87 acre IOS development site

Address: 9525 Crossroads Pkwy, Fredericksburg, VA 22408

Features: Utilities available, signalized intersection, 14,000 VPD

Close To: Rt 17, I-95, 84 miles to DC, 56 miles to Richmond

Zoning: I-1, allows for building materials yard, contractor’s offices, heavy equipment sale/rental/service, lumberyard, outdoor storage

Info: LINK

Asking Price: $1,950,000

Brokers: Heather Hagerman at 540-429-2429 or Fitzhugh Johnson III at 540-623-4565

FOR LEASE: Lodi, CA – 1.2 acre IOS

Address: 200 N. Beckman Road Lodi, CA 95240

Features: Fenced, paved yard, lit, Highway 99 frontage access, 3 phase power, new seal coat and striping

Close To: Hwy 99, I-5, Port of Stockton

Buildings: 2,560 SF building/shop with 2,640 SF open covered shed, 600 SF office, 600 SF mezzanine, 1 grade level door (16’x12’), clear span 14’-20’ high, 3 phase power, fully conditioned

Zoning: M Industrial

Info: LINK

Brokers: Wes Widmer at 209-598-0331, Mike Goldstein at 209-475-5106, Alex Hoeck at 209-851-1191

FOR LEASE: Rockdale, IL – 4 acre IOS

Address: 132 Harris Dr, Rockdale, IL 60436

Features: Fully secure, newly paved, lit

Buildings: 21,885 SF building, 10 repair bays with floor drains, new roof, remodeled office and warehouse

Available: January 2024

Info: LINK

Brokers: Joshua Hearne at 630-729-7933 or Reinier Pranger at 630-735-8737

FOR LEASE: Chino, CA – 1 acre IOS

Address: 14920 Telephone Ave, Chino, CA 91710

Features: Concrete yard for truck parking with 8 ft high concrete block perimeter wall, lighting, power, reclaimed water on-site

Close To: Route 71, 91 and 60, Ontario International and John Wayne Airport

Zoning: M2, CUP for outside storage and truck parking

Rent: $6.00/SF/YR on 43,561 rentable

Info: LINK

Brokers: Justin Kuehn at 909-243-7627 or Richard Lee at 909-243-7601 or Nicholas Chang at 909-243-7614

FOR LEASE: Olivette, MO – 1 acre drop lot

Address: 1001 N Warson Rd, St. Louis, MO 63132

Features: Concrete paving, lighting, power, and water on-site, outside storage permitted, dedicated truck entrance

Close To: I-170, I-64, I-270, Lambert-St. Louis International Airport

Info: LINK

Asking Price: $3,750/month, short term leases considered

Brokers: Matt Eastin at 314-746-0350 or Christy Wirth at 314-813-9524

FOR LEASE: Fort Collins, CO – 5.17 acre IOS development site in Opportunity Zone

Address: NWC International Blvd & Mexico Way, Fort Collins, CO 80524

Close To: I-25, downtown Fort Collins, multiple

Features: Regional detention, utilites adjacent to lot, Opportunity Zone

Zoning: Industrial, outside storage permitted pending site plan review

Info: LINK

Asking Price: $2,000/Acre/Month NNN

Brokers: Aki Palmer at 970-267-7727, Cole Vanmeveren at 970-219-3802, or Tyler Murray at 970-267-7404