IOS List - June 23, 2023

Update on the LA Port agreement. Trucking + gamers? Nine IOS deals to review.

Good morning. This is IOSList, bringing you the best of IOS in 5 minutes per day.

→Try our resources for IOS pros:

Let’s dive in.

NEWS ROUNDUP

Port of LA waving you in.

“Now the work begins.” Gene Seroka, executive director of the Port of LA, was interviewed by Bloomberg’s Julie Su following the recent labor agreement between longshoremen and the port. Click below to watch the full interview. Seroka noted that 15% of the LA port volume moved to competing eastern and gulf ports due to COVID logjams and the labor strife. Seroka is gearing up for a charm campaign to win back that business.

Source: Bloomberg.com

Trucking companies court gamers to fill driver vacancies. Schneider National, looking to hire drivers, has placed in-game billboard ads on American Truck Simulator, a popular video game that lets players load, drive, and park 18-wheelers in excruciating detail. The game penalizes you when you break road rules and even simulates different types of transmissions, per the Washington Post. The ads show how desperate the trucking industry is to recruit new talent. US trucking companies were short a record 80,000 drivers in 2021, and that number could reach 160,000 by 2030, according to the American Trucking Association. 

Charlie bringing the heat. Let’s go! 👇️ 

→ Iconic Equities is hiring a Director of Asset Management: LINK

FOR SALE

Arlington TX IOS for sale

Arlington, TX- 8.57 acre IOS

Lee & Associates is offering this 8.57 acres of IOS land for sale at 1011 Mineral Springs Rd Arlington, TX 76001. The site is street-grade leveled and equipped with water, sewer, electricity and natural gas. The building is 18,808 SF in size. It is an industrial manufacturing zoned land and is 2.5 miles to I-20 and 0.5 miles to Hwy 157. The property is 20 minutes to DFW International Airport, 35 minutes to Love Field Airport, 35 minutes to Alliance Airport and 25 minutes to Meacham Airport. Link to listing: LINK

For more information, contact Alex Wilson at 972-934-4063 or Jarrett Huge at 972-934-4003.

Tucson AZ IOS for sale

Tucson, AZ- 3.56 acres IOS site

Keller Williams is offering this 3.56 acre IOS for sale at 4485 E Tennessee St Tucson, AZ 85714. It is a CI-2 zoned land located in the heart of an industrial/commercial district in Tucson and faces Pima County‘s 145 Acre Sports Complex. It is currently rented out by 3 month-to-month tenants. It is 6 miles from Tucson International Airport and 5 miles from the University of Arizona Technology Park. Link to listing: LINK

For more information, contact Hannah Baker at 602-702-9390.

Columbus OH IOS for sale

Columbus, OH - 20 acre fleet maintenance warehouse + IOS at 5.65% cap

Northmarq is offering this 20 acre HQ facility & fleet maintenance warehouse for sale in (Pataskala) Columbus, OH. The property was recently built and has a 75,250 SF building area on $834,523 annual rent. Thayer Power & Communication is the tenant on a 15-year, absolute NNN lease. The lease started in 2022 and includes 2.0% escalations. It is located in the dense industrial corridor within Licks County, just 20 miles east of downtown Columbus, OH. Easy access to major highways and interstate 70. The asking price is $14,770,000. Link to listing: LINK

For more information, contact David Clary at 419-419-0639.

Troutdale OR IOS development site for sale

Troutdale, OR - 15 acre IOS development site

Kidder Mathews is offering this 15 acre IOS development site for sale at 1459 NW Sundial Rd, Troutdale, OR. The site is 653,400 SF of flat land with access to all basic utilities (water, gas, electricity). The property is zoned General Industrial. It is close to Gresham City Hall Transit Stop, Portland International Airport and Gresham Transfer Railroad. Link to listing: LINK

For more information, contact Sean McNamara at 503-721-2738 or Tom Talbot at 503-221-2270.

 

Wilmington CA IOS for sae

Wilmington, CA - 0.95 acre IOS for sale or lease

Voit Real Estate is offering this 0.95 acre IOS property at 321 Lakme Ave, Wilmington, CA. The site is 41,176 SF with a 2,000 SF building. The lot is paved, fenced and gated. This M2 zoned land is a heavy industrial area with access to the 710, 110 and 405 freeways. Just minutes to the Port of Los Angeles and the Port of Long Beach. It is also 4.5 miles from Anaheim Station and 8.9 miles from Long Beach-Daugherty Field Airport. Lease asking price is $53,528.80 ($1.30 PSF) per month, gross on the land. Link to listing: LINK

For more information, contact John Costa at 424-329-7505 or Ryan Huguenard at 310-819-7077.

IOS for sale or lease: Morrisville, PA

Morrisville, PA - 9.4 acre IOS

Roddy Inc. is offering this 9.40 acre truck parking / outside storage lot for sale or lease. The property offers 175 striped trailer parking stalls (12’ x 60’) with 8” thick reinforced concrete dolly pads over 6” stone base. Paving is 2” wearing course over 4” binder course with an 8” stone base. The site offers potential build-to-suit option for a service or cross-dock facility. Fully illuminated via pole-mounted LED lights. Fenced with 8’ chain link with provision for a guard shack. Two ingress/egress points with keypad operated 8’ high access gates. Strategically located with short distances to major infrastructure: Fairless Hills Terminal (6 miles), Port of Philadelphia (24 miles), Port of Wilmington (55 miles), Port of Newark (64 miles), Port of Baltimore (129 miles), I-95 (4 miles), I-295 (7 miles). Link to listing: LINK 

For leasing inquiries, please reach out to Robert Olender at 215-245-2600 or [email protected].

FOR LEASE

Rialto, CA IOS for lease

Rialto, CA - 5.18 acre IOS

Voit is offering this 5.18 acre (225,640 sf) IOS site for lease at 805 W. Rialto Ave, Rialto CA 92376. The site is zoned General Manufacturing (M-2), and it contains three structures:

  • Building 1 - 5,500 SF including 500 SF of office, 3 ground-level doors at 14×14, and warehouse clear height of 18’

  • Building 2 - 3,000 SF with 1 ground-level door at 14×14 and warehouse clear height of 18’

  • Building 3 - 4,800 SF with 3 ground-level doors at 14×14 and 18’ warehouse clear height

The site has 1,200 AMP, 3 phase power, a large truck scale, truck washing station, exterior pole lighting, and is fully fenced & secured. Available January 1, 2024. Asking lease rate is $0.45/LSF NNN + $0.08/LSF OpEx.

For leasing inquiries, please reach out to Juan Gutierrez at 909-545-8008, Shy Assar at 909-545-8091, and Ian Ozimec at 909-545-8001.

Savannah, GA IOS for lease

Savannah, GA 4.86 acre IOS site 

Bridge Commercial is leasing 4.86 acres of sub-dividable property at 105-115 Jim Benton Court. The site is Zoned LI (Light Industrial) in Chatham County. It has gravel, fencing, and lighting. The location is proximate to I-95 interstate, I-16 and I-516. The Ocean Terminal is 12.4 mi away, and Garden City Terminal is 8.7 mi away. Close to Savannah/Hilton Head International Airport. Asking $8,000 per acre per month. Ready for occupancy in July 2023. Link to listing: LINK

Broker team: Bridge Commercial’s John Beam at 843-810-6868.

Chino CA IOS for lease

Chino, CA - 2.49 acre warehouse + IOS

Voit is offering this 27,120 SF warehouse on 2.49 acres (25% lot coverage) at 13643 5th Street, Chino, CA 91710. The site is zoned General Industrial (M-2). The metal warehouse contains a 2,500 SF office space, sprinkler system, 800 AMPS + 3 phase 277/480 power, eight oversized ground-level doors (14w x 16h), one exterior docking position, and 2 five-ton cranes. Available immediately. Asking lease rate is $0.60/LSF NNN + $0.115/LSF OpEx.

For leasing inquiries, please reach out to Juan Gutierrez at 909-545-8008, Shy Assar at 909-545-8091, and Ian Ozimec at 909-545-8001.

THE VIX AT 52-WEEK LOW

VIX at 52 week low

The market’s fear gauge (VIX index) is at the lowest point in a year. Are risk managers on summer break or is the coast clear after this year’s bank failures and rate hikes? Our gut tells us more volatility could be around the corner with Russia-Ukraine still raging, J-Pow plotting another rate hike in July, commercial real estate (office) loans weighing on bank balance sheets, and the US consumer unwilling to give their credit cards a rest.

ZONING SEARCH, SIMPLIFIED

Tired of hunting through muni-code websites for zoning info? We fixed that.

ZoningScout AI-enabled zoning search

Click above to try ZoningScout

ZoningScout is an AI-enabled chat interface that will spit out the IOS-friendly zoning details for any metro area in the US. This is free resource to our readers. Just type in a city, and our free app will produce the local IOS-friendly zoning codes, permitted and prohibited uses, and link directly to the zoning code for each area.

Help us spread the word by referring colleagues and deal partners to subscribe: ioslist.com

SHOCKER OF ALL SHOCKERS

The Atlanta industrial spider web

CBRE ran the numbers on whether industrial nodes are clustered around interstate infrastructure and….yes! Eureka. Click for the full report: LINK