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- IOS Daily - January 12 - IOS trades in Texas and Alabama
IOS Daily - January 12 - IOS trades in Texas and Alabama
SIG brokers IOS in Texas. Ironside buys Huntsville. Chandler leases Tennessee IOS. The biggest IOS deal of 2023? Six new IOS deals.
Maham Riaz & Matt H
January 12, 2024
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Apology to animal lovers: after seeing Wednesday’s meme about greyhound racing, a reader pointed out to me that the practice is cruel, and it was in poor taste to use for humor. I agree and apologize to anyone offended. I put those memes together quickly and will be more considered in the future.
Now, let’s get to it.
NEWS ROUNDUP
ACQUISITION: SIG brokers private capital IOS in Texas. Goral Khatta with Sands Investment Group brokered the sale of 295 Lookout Ridge Boulevard in Harker Heights, TX between seller James Bowyer and buyer Clayton Klutts. The property is leased to Schneider Trucking.
ACQUISITION: Private capital group buys Alabama heavy equipment yard. Ironside Realty purchased a 7,500 SF building on 3.1 acres leased to United Rentals at 376 Dan Tibbs Road in Huntsville, AL. For details: Corey Ostrowski or Michael Powers.
LEASE SIGNED: Chandler Properties signs IOS lease in Cleveland, Tennessee. Chandler Properties inked a multi-year lease for the development of a 3-acre portion of their Kile Lane IOS property in Cleveland, TN. The site includes 13.5 acres of truck parking, IOS, and 5 acres of land available for future development. The new tenant is a regional business needing a laydown yard for equipment for construction projects. Chandler Properties owns two IOS properties in Cleveland, Tennessee with plans to expand in the region. Contact: Michael Rogers
BIG TRADE: The largest IOS acquisition of 2023? In April, Rexford Industrial Realty acquired an 18-acre Hertz Car Rental lot at 9000 Airport Blvd, Los Angeles, for a whopping $143 million ($179 PSF on the land). Hertz will lease back the property for three years. The site gives Rexford the option to develop a Class A industrial development on land near LAX or continue to use it for parking or outdoor storage.
IOS FOR SALE
FOR SALE/LEASE: Plymouth, MA - 5.6 acre IOS site
Address: Intersection of Route 44 and Route 3, Plymouth, MA
Features: Partially paved, fenced, and lit
Close To: Highway Access, Route 44 and 3, access to 495
Zoning: MC Mixed Commercial
Info: LINK
Asking Price: $3,200,000
FOR SALE/LEASE: Acampo, California – 26.38 acre IOS
Address: 18846 N Highway 99, Acampo, California 95220
Features: Divisible into 4 sections, 900’ of freeway footage, improved land and fenced, 3” gas line to the property
Close To: Hwy 99 Frontage Road
Buildings: 127,430 SF total among four metal and concrete/metal buildings
Zoning: A-I (Ag/Industrial) San Joaquin Co.
Info: LINK
FOR SALE: St. Louis, MO – 11.96 acre truck terminal, warehouse, IOS
Address: 7400 N Broadway, St. Louis, MO 63147
Close To: I-70, St Louis International Airport, Downtown St. Louis
Buildings: 60,000 SF truck terminal with 86 dock doors, 3 warehouse buildings totaling 37,400 SF with 22 grade level doors
Zoning: J (Industrial) and K (Unrestricted)
Info: LINK
Asking Price: $7,500,000
IOS FOR LEASE
FOR LEASE: Greer, SC – 12 acre IOS
Address: 361 & 391 Leonard Rd, Greer, SC 29651
Features: Paved, graveled, fenced, gated, utilities onsite, subdividable
Close To: I-85, BMW Greer Manufacturing Plant, Inland Port Greer, Airport
Buildings: 6,000 SF shop/warehouse with 2 drive-through bays, 14' tall doors, 16' clear height
Zoning: Industrial (outdoor storage permitted by right)
Info: LINK
Rental Rate: $4,000/acre/month NNN
FOR LEASE: Miami, FL – 6.37 acre IOS
Address: 6001 NW 74th Ave, Miami, FL 33166
Features: Power available
Close To: NW 74th St. and NW 58th St. interchanges, Palmetto Expressway (826), Miami International Airport
Buildings: 5,000 SF (Office/Warehouse)
Zoning: IU-3 Zoning
Info: LINK
Rental Rate: Contact broker
FOR LEASE: Gardena, CA - 1.89 acre IOS
Address: 14521 S Avalon Blvd, Gardena, CA 90248
Features: Fenced, gated and paved yard.
Close To: Prime South Bay Location, 91, 105 & 110 Freeways, Long Beach-Daugherty Field Airport
Buildings: 3,500 SF Repair Building and 2,300 SF Office Building
Info: LINK
Rental Rate: Contact broker
ONE MORE THING
You mad if this guy is taking a spot up at the truck stop?
— Truck Parking Club 🚚 🅿️♣️ (@Trukparkingclub)
Jan 10, 2024
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