IOS Daily - March 15 - Hyde Park buys IOS in Houston

NEWS ROUNDUP

ACQUISITION: Hyde Park buys 8.6 acre IOS in Houston, TX. Hyde Park Commercial has purchased 0 Munn Street in Houston, Texas. The 8.6 acre IOS property is located in Houston’s Inner Loop. The Hyde Park deal team included Milco Cipriani. Hyde Park was represented in the sale by Patrick McKiernan and James Mashini of First Houston Properties.

ACQUISITION: Birddog buys 17.4 acre IOS in Fort Worth, TX. Birddog Ventures has acquired 2591 NE 28th Street in Fort Worth, Texas. The seller was Texas 150 Business Park via Mike Jowell. The property includes a 7,000 SF warehouse and a 350 SF office. The Birddog deal team included Brandon Schubert, Carter Dunlap, Josh Oerke, and Jon DuCharme. David Guinn and Cameron Deptula at Davidson Bogle brokered the deal.

ACQUISITION: NAI SunVista sells 3.12 acre IOS in Albuquerque, NM. NAI SunVista Commercial Real Estate has sold 2100 Randolph Road SE in Albuquerque, New Mexico. The 3.12 acre IOS property includes a 7,100 SF office/warehouse/shop building. The property is located very near the Albuquerque International Sunport. SunVista broker Riley McKee worked the transaction.

LEASE SIGNED: Zenith leases 3.1 acre IOS in Benicia, CA. Zenith IOS has leased out 345 Industrial Way in Benicia, California. Zenith purchased the 3.11 acre IOS property on February 1. The property features a 7,400 SF cross-dock building. The Zenith team included Stephen Barry, Alex Guider, and Alex Olshansky. Nick Masheroni and John Salamida of Colliers brokered the deal.

READ: One man’s quest to add 45,000 truck parking spaces.

READ: More volume possible out of Los Angeles and Long Beach ports?

FOR SALE: Phoenix, AZ - 1.13 acre IOS

Address: 2820 S. 36th Street, Phoenix, AZ 85034

Features: Water, sewer, and SRP electric on site, crushed aggregate/ABC base ground covering in place

Close To: I-10, SR-143, Loop 202, Sky Harbor Airport

Zoning: A-2 (heaviest industrial zoning in Phoenix)

Info: LINK

Asking Price: $1,500,000

FOR SALE: Apopka, FL - 3.23 acre warehouse + IOS on 7.51% cap rate

Address: 1733 Benbow Court, Apopka, FL 32703

Features: 100% leased, national credit tenant, fully fenced, stabilized, and lit 

Close To: SR 414, I-4, SR 429

Buildings: 13,384 SF grade-level building in great condition

Zoning: Ind-2/Ind-3 (Orange County), permits outdoor storage

Info: LINK

Asking Price: $4,000,000

FOR LEASE/SALE: Fort Worth, TX - 21 acre warehouse + IOS

Address: 1346 Markum Ranch Road E., Fort Worth, TX 76126

Features: All 21 acres are stabilized with gravel, fenced, gated, and lit

Close To: I-20 Frontage, I-30, I-820 Loop, 14 miles to Fort Worth

Buildings: 12,000 SF building with 4 bathrooms, 8 private offices, 1 conference room, break room, 2 dock-high doors, 2 drive-through doors

Zoning: Unincorporated Fort Worth ETJ

Rental Rate: Contact broker

Info: LINK

FOR LEASE: Wilmington, CA - 0.87 acre warehouse + IOS

Address: 336 East D Street, Wilmington, CA 90744

Features: Secured, paved, fenced, and heavyweight corridor

Close To: Adjacent to the Ports of LA/LB, with close proximity to I-405, I-710, and I-110

Building A: 5,492 SF warehouse with 2,200 SF office, 3 grade-level doors, and 17' clear height

Building B: 1,200 SF warehouse with 1 grade-level door and a 13'-15' clear height

Zoning: M2 (Heavy Industrial, outdoor storage permitted, heavyweight corridor)

Rental Rates: $41,841.80/month NNN

FOR LEASE: North Miami Beach, FL - 1.15-1.59 acre IOS

Address: N.W. 166 Street and N.W. 1st Avenue, North Miami Beach, FL 33169

Close To: I-95, 826, Turnpike, Fort Lauderdale–Hollywood International Airport, Miami International Airport

Info: LINK

Asking Price: $20,000/month NNN

FOR LEASE: Channahon, IL – 6.8 acre truck parking

Address: 3581 Amoco Road, Channahon, IL 60410

Features: Fully fenced, LED lighting, keypad entry/exit, concrete drop pads, cameras, assigned spaces, electric plug-ins, snow removal, CSX rail spur access.

Close To: I-55, I-80

Zoning: M-2

Asking Price: $225 per spot/month