IOS Daily - July 1 - Newmark sells DC metro IOS to Dalfen/Centerbridge

NEWS ROUNDUP

ACQUISITION: Newmark sells 3.74 acre IOS to Dalfen/Centerbridge JV. Newmark sold 6111 Sheriff Road in Capitol Heights, Maryland, to Dalfen Industrial and Centerbridge Partners. The Newmark Mid-Atlantic Industrial Capital Markets deal team included Cris Abramson, Nick Signor, and Henry Pleszkoch. The Dalfen deal team included John Lettieri and Keith Alan Hontz Jr.

ACQUISITION: Catalyst buys 3.57 acre IOS in Orlando, FL for $5.225M. Catalyst Investment Partners purchased 2823 North Orange Blossom Trail in Orlando, Florida. Once work on the property is finished, the site will feature a 11,000 SF service facility. The sale was brokered by Cory Kroeger of Kroeger Commercial. The Catalyst deal team was led by Brandon Johnson.

ACQUISITION: M&M sells 3.18 acre IOS in Aurora, IL to RDAA for $2M. Marcus & Millichap arranged the sale of 901 Ridgeway Avenue in Aurora, Illinois. The property features a 23,820 SF building. The M&M team led by Jeff Rowlett represented the seller, Ridgeway Partners. The buyer, RDAA Enterprises, was represented by Michael Kammes of RE/Max Commercial. M&M’s Steven Weinstock assisted in the transaction.

ACQUISITION: Industry REP sells 13.18 acres in Atlanta metro to Alterra IOS. Industry Real Estate Partners has sold 498 Tuggle Greer Drive in Buford, Georgia. The property features a 36,036 SF small bay building plus IOS space. The Industry REP deal team included Jeff Henson, Chip Sipple, and Stephen Pond.

READ: Acadia Realty Trust’s quest to build a trucking logistics and storage yard in Long Island.

READ: A breakdown of the Chicago industrial RE market.

FROM OUR PARTNERS

FOR SALE/LEASE: Franklin, IN - 20.32 acre warehouse + IOS

Address: 800 Industrial Drive, Franklin, IN 46131

Features: Rail access, expansion capabilities available on site

Close To: I-65, US-31, Louisville, and Indiana Railroad

Building: Total 64,480 SF building, 19.5'-22' clear height, 7 dock doors, 7 drive-in doors, and 30'x80' column spacing

Zoning: IG (Heavy Industrial)

Price and Rental Rate: Contact Broker

Info: LINK

FOR SALE: Ontario, CA - 3.02 acre IOS

Address: 10812-10816 South Benson Ave, Ontario, CA 91762

Features: Improvements potentially include new paving, LED lighting, secure fencing, and landscaping

Close To: BNSF and UP railways, SR 60, I-10, and Ontario Airport

Buildings: Multiple buildings totaling 131,667 SF

Zoning: Community Industrial (IC-Unincorporated San Bernardino County), in-place zoning also allows for future warehouse or distribution development

Info: LINK

FOR SALE: Atwater, CA - 9.98 acre IOS land

Address: 3465 Giannini Road, Atwater, CA 95301

Close To: Hwy 99 and Commerce Avenue

Zoning: M-2 (Manufacturing)

Asking Price: $1,200,000

Info: LINK

Call Broker: 209-261-0592

FOR LEASE: Houston, TX - 4.08 acre IOS with office

Address: 12055 Kurland Drive, Houston, TX 77034

Features: Paved, lit, fenced, and security check-in

Close To: I-45 and Beltway 8 access

Building: 22,777 SF office building

Rental Rate: $24,000/month NNN

Info: LINK

FOR LEASE: Austin, TX - 11.79 acre IOS

Address: 7307-7409 East Riverside Drive, Austin, TX 78741

Features: Corner lot

Close To: Austin-Bergstrom Intl. Airport

Zoning: ERC-CMU (Mixed Use)

Rental Rate: Upon Request

Info: LINK

FOR LEASE: Gastonia, NC - 1.5-9.5 acre IOS

Address: Delta Drive, Gastonia, NC 28052

Features: Fully-fenced with gate and keypad access, graded, gravel surface

Close To: I-85

Zoning: I-2 (Industrial)

Rental Rates: Upon Request

Info: LINK