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  • IOS Daily - March 25 - Ardent buys Maryland IOS for $2.2M

IOS Daily - March 25 - Ardent buys Maryland IOS for $2.2M

Ardent buys MD IOS for $2.2M. DAUM brokers SoCal IOS for $8.6M. Davidson Bogel and Bradford Commercial lease Dallas IOS. Colliers leases Indy IOS. Six new IOS deals.

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2.19 acre IOS in MD

ACQUISITION: Ardent buys 3 acre IOS in Maryland for $2.19M. General contracting firm Ardent Co. has purchased 1300 Defense Highway in Gambrills, Maryland. The property includes a 2,640 SF office building and a 2-story 3,000 SF covered storage structure. The purchase price was $2.19 million. Matthew Curran and Andrew Meeder of MacKenzie Commercial Real Estate represented the seller in the deal.

1.8 acre IOS in CA

ACQUISITION: DAUM brokers sale of 1.8 acre IOS in SoCal for $8.6M. DAUM Commercial Real Estate Services has brokered the sale of 760 Batavia Street in Orange, California. The 1.78 acre IOS property has 5 storage buildings and was sold to McPeek’s Chrysler Dodge Jeep Ram of Anaheim for $8.6 million. Mike Barreiro, Dennis Holt, and Devin Ray of DAUM represented the seller. Mitch Wright of Bob Wright Industrial Properties represented the buyer.

Max Schumacher sells IOS lot in Phoenix

UPDATE: On March 8, we reported on the sale of 5119 W. Bethany Home Road in Glendale, Arizona. The 3.25 acre IOS yard sold for $3.3 million in a deal brokered by Citywide Commercial. We now know that Max Schumacher of Rein & Grossoehme represented the seller in the deal.

LEASE SIGNED: Davidson Bogel and Bradford Commercial lease a 7.6 acre IOS in Dallas, TX. Martin Grossman and David Guinn of Davidson Bogel repped the landlord, Ambient Capital Partners, in leasing 5956 W. Jefferson Boulevard in Dallas, Texas. Chris Wong of Bradford Commercial represented the tenant, Xtra Lease. The 7.6 acre IOS property includes 9,559 SF of indoor space.

Korey Ryan leases Indianapolis IOS

LEASE SIGNED: Colliers leases 6.7 acre IOS in Indianapolis. A Colliers team led by Korey Ryan represented the landlord in leasing 4600 Bluff Road in Indianapolis, Indiana. The 6.7 acre IOS property is fully fenced. The new tenant is McKinney Trailer Rentals.


IOS for sale in Fort Worth, TX

FOR SALE: Fort Worth, TX - 4.5 acre IOS

Address: 4801 Parker Henderson Road, Fort Worth, TX 76119

Features: Heavy power, utilities

Close To: US-287 and I-820 intersection

Building: 3 existing buildings totaling 30,000 SF

Zoning: M2 (Heavy Industrial)

Info: LINK

Asking Price: $1,804,000

IOS for sale/lease at Macon, GA

FOR SALE/LEASE: Macon, GA - 49.4 acre IOS

Address: 1773 Jeffersonville Road, Macon, GA 31217

Features: 13.5 usable acres, grading plan for up to 20 usable acres, mix of asphalt-concrete-gravel paving, exterior lighting with electric gate, ~ 417 trailer stalls

Close To: I-16, I-75, and Middle Georgia Regional Airport

Building: 3,000 SF of covered storage with 4 platform loading docks and 1,600 SF renovated office trailer

Zoning: M-2 (heavy industrial)

Asking Price: $2,950,000

Rental Rates: $30,000/month NNN

Info: LINK

IOS for sale/lease at Union Gap, WA

FOR SALE/LEASE: Union Gap, WA - 2.02 acre IOS

Address: 1225 Industrial Way, Union Gap, WA 98903

Features: Fully-fenced, level, graded, and graveled and with utilities at street

Close To: I-82, Yakima Airport, West Yakima, and the future Regional Beltway.

Zoning: M1 - Light Industrial

Asking Price: $350,000

Rental Rates: $0.03/SF/month

Info: LINK


IOS for lease at Glendale, AZ

FOR LEASE: Glendale, AZ - 5 or 10 AC IOS

Address: 7190 N. 110th Avenue, Glendale, AZ 85307

Features: Asphalt, lit, cinderblock fence, gated, city water and sewer hookups, 2 ingress/egress

Close To: Loop 101, Glendale Ave, Westgate, and Arizona Cardinals Football Stadium

Zoning: M1 - Light Industrial, City of Glendale

Rental Rates: $7,000/acre/month NNN

Info: LINK

IOS for lease at Bossier City, LA

FOR LEASE: Bossier City, LA – 10 acre IOS

Address: 3912 East Texas St, Bossier City, LA 71111

Features: Fully graveled, fenced, automated gate, LED lighting, 24/7 video security cameras

Close To: I-20 Frontage, East Texas Street

Zoning: A-1

Rental Rates: $3,000/acre/month NNN

Info: LINK

IOS for lease at Dallas, TX

FOR LEASE: Dallas, TX - 3-6.5 acre IOS

Address: 10110 Technology Boulevard E., Dallas, TX 75220

Features: ~683 truck cab positions, fully secured with 6’ fence, concrete/asphalt paved, LED exterior lighting, two access points with gates

Close To: Dallas Love Field Airport, Dallas/Fort Worth International Airport

Zoning: Industrial Research (IR)

Available: April 1, 2024

Rental Rates: Upon request

Info: LINK


Waiting to see how this all shakes out. Banks are extending office loans by the truck-load. I see office vacancies all over my suburban market (Raleigh). Companies are torn between demanding attendance and losing workers to more permissive competitors. The type A’s wear office attendance like a badge of honor. Working parents (now at management age), appreciate the flexibility. Younger employees who need mentorship are adrift and lonely in a WFH environment.

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