IOS Daily - January 19 - Acquisitions from Alignment, Semi-Stow, Open Industrial

NEWS ROUNDUP

ACQUISITION: Alignment Realty Capital buys 7.5 acre IOS in Gilbert, AZ. The site contains 30,000 SF of warehouse improvements with a fully secured, 100% concrete storage yard. Site site is just a block away from another Alignment-owned IOS on San Pedro Street. The Ascension Advisory team helped source the deal: Chelsea Mandel, Nina Argotte, and Spencer Freid. Have more acquisitions for Alignment? Contact Ben Sacks, Slade Sumners, Gary Linhart, or Jake Gallagher.

ACQUISITION: Semi-Stow opens 12 acre semi-truck yard in Indianapolis. Located at 220 S Belmont Ave, the site features 350+ parking spaces with daily or monthly reservations, concrete and asphalt base, demarcated spaces, secure 24/7 access, electric fencing, 4k security cameras, 25 plug-ins for heating engine blocks or powering reefers, an 11,000 SF facility with five drive-through bays and 400 square feet of office space. To book: Semi-Stow Indy.

ACQUISITION: Open Industrial buys 12 acre IOS in Tennessee. The site is located in Murfreesboro, TN near the Nashville Superspeedway with immediate access to I-840 and onward to I-40 and I-24. The site is fully paved, fenced, lit, and secured by a guard booth and automatic gates at both points of ingress/egress. The Open Industrial deal team included Alex Wolff and Elmo Alexander. For leasing inquiries: Kevin Irwin, Clancy Hoban, or Robert Stout.

FREIGHT: Morgan Stanley sees inventory restock producing freight upcycle soon.

PEOPLE MOVES: Catalyst hires new leasing manager. Please join us in congratulating Drew Miles in his new role as Leasing Manager for the East Coast. Drew was previously at Cushman in NYC.

EV TRUCK CHARGING: WattEV was awarded $75.6M in federal funding to build three truck charging stations in California.

FOR SALE: Oakland, CA – 1.71 acre IOS

Address: 966 81st Ave, Oakland, CA 94621

Features: Fully fenced, paved, secured and gated

Close To: I-880, Port of Oakland, Airport, Oakland Heavyweight Corridor

Buildings: 2 small trailers

Zoning: CIX-2, Commercial Industrial Mix

Info: LINK

Asking Price: Taking offers, please contact broker

Other Info: Leased through Sept 2024

FOR SALE/LEASE: Memphis, TN - 10.8 acre cross dock + IOS

Address: 3388 Gemini Dr and 563 Winchester Rd, Memphis, TN 38109

Features: Concrete and gravel paved, fenced, lit

Close To: 4 miles to I-55, 1.2 miles to TN-61, 3.3 miles to CN rail yard

Buildings: 10,163 SF cross-dock (with 1,200± SF office area)

Zoning: EMP

Info: LINK

Asking Price / Rental Rate: Contact broker for pricing

FOR SALE: Banning, CA – 8.19 acre IOS

Address: SWC of Lincoln St & 4th St, Banning, CA 92220

Features: Utilities nearby. Corporate neighbors include a 1M SF Skechers warehouse, a 133-door Estes Express terminal, and 14.9 acres recently purchased by Brown Strauss Steel.

Close To: I-10 Freeway visibility and Palm Springs International Airport

Zoning: Industrial Zoned

Info: LINK

Asking Price: $10,702,692

FOR LEASE: Rio Linda, CA – 4.58 acre IOS

Address: 6531 26th St, Rio Linda, CA 95673

Features: Fenced and improved with compacted rock/asphalt base, secured and water available

Close To: Sacramento McClellan Airport, I-80

Buildings: 6,500 SF metal shop building and 1,100 SF night watchman’s quarters with kitchen, restroom, two offices

Zoning: M-1 County of Sacramento

Info: LINK

FOR LEASE: Los Angeles, CA - 13,210 SF IOS

Address: 805 E 61st Street, Los Angeles, CA 90001

Features: Secured, fenced, paved, 200 Amps / 240 volts

Close To: 110 Freeway

Buildings: 4-bay storage / mechanic building with 2 offices (600 SF), 2 bathrooms and breakroom and 1,600 SF covered exterior storage

Info: LINK 

FOR LEASE: Miami, FL – 6.37 acre IOS

Address: 6001 NW 74th Ave, Miami, FL 33166

Close To: MIA Cargo entrance, Palmetto Expressway

Buildings: 5,000 SF warehouse/office

Zoning: IU-3 Zoning

Info: LINK