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  • IOS Daily - May 22 - Triten buys 5 acre low-coverage site in DFW

IOS Daily - May 22 - Triten buys 5 acre low-coverage site in DFW

Triten buys DFW site. Alterra buys IOS in MN for $6.1M. Realterm gets $68M loan. Colliers brokers 2 IOS leases. L&A brokers SC IOS lease. Six new IOS deals.

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Triten buys 5 acre DFW site

ACQUISITION: Triten acquires 5 acre low-coverage site in DFW. Triten RE Partners has purchased 3701 Dalworth Street in Arlington, Texas. The low-coverage site includes a 54,180 SF industrial building along with 5,000 SF of office space. The property is currently leased by Sunbelt Rentals. The Triten deal team included David Shipman.

Alterra buys MN IOS

ACQUISITION: Alterra buys 10.13 acre IOS in Shakopee, MN for $6.1M. The Alterra Property Group has purchased 550 Valley Park Drive in Shakopee, Minnesota. The site previously served as Brambilla’s RV Center and features a 59,356 SF building. The sale price was $6.1 million, or $602,172 per acre.

FINANCING: pbb provides Realterm with 63M euro credit facility. Deutsche Pfandbriefbank (pbb) has provided Realterm with a pan-European credit facility of 63 million euros — roughly US$68 million. The loan is secured by Realterm’s portfolio of 14 properties in 4 European countries. This marks the 3rd loan that pbb has given Realterm in the past 18 months as the firm’s European IOS portfolio expands.

Colliers leases IOS in IN

LEASE SIGNED: Colliers leases 2 IOS sites in Indianapolis, IN. A Colliers team led by Korey Ryan represented the landlord in the leasing of 2341 South West Street in Indianapolis, Indiana. The 3.5 acre IOS property includes a 3,700 building. Korey’s team also represented the landlord in leasing 3841 West Morris Street in Indianapolis. The 1.14 property includes a 12,890 SF building.

LEASE SIGNED: L&A brokers lease of 12 acre IOS in Spartanburg, SC. Lee & Associates has brokered the lease of 150 Access Road in Spartanburg, South Carolina. The property features a 25,000 SF cross-dock truck terminal and an 11,000 SF shop. The L&A deal team included Jordan Skellie, Kevin Bentley, Elledge Willis, Eric Scardo, Justin Bentley, and Jeremy McPeters.


IOS for sale at Kansas City, KS

FOR SALE: Kansas City, KS - 5.68 acre IOS

Address: 1100 South 42nd Street, Kansas City, KS 66106

Features: Gaveled, fenced, and gated

Close To: I-635, I-70, Hwy 32, and BNSF Intermodal

Zoning: M3 Industrial (catering to IOS and truck parking)

Asking Price: $1,650,000

Info: LINK

IOS for sale at Ecorse, MI

FOR SALE: Ecorse, MI - 10.02 acre IOS

Address: 100 Mill Street, Ecorse, MI 48229

Features: Fully-fenced lot, truck parking available

Close To: Detroit Metropolitan Airport, Detroit City Airport

Zoning: I-1 (Light Industrial)

Asking Price: $525,000

Info: LINK

IOS for sale at Port Charlotte, FL

FOR SALE: Port Charlotte, FL - 9.3 acre IOS

Address: 5331-5351 Woodfield Road, Port Charlotte, FL 33981

Features: Cleared and elevated lot

Zoning: II (Light Industrial)

Asking Price: $2,800,000

Info: LINK


IOS for lease West Palm Beach, FL

FOR LEASE: West Palm Beach, FL - 5.2 acre warehouse + IOS, divisible

Address: 714 25th Street, West Palm Beach, FL 33407

Features: Fenced, partially paved, divisible

Close To: 1.5 miles to Downtown West Palm Beach, I-95, PBI, Port

Building: 11,400 SF warehouse, 30' high, no columns; 19,145 SF 2-story showroom building, big roll-up doors, parking

Zoning: LI

Rental Rates: Land is $5.00/acre NNN, warehouse is $15.00/SF

Info: LINK

IOS for lease at Dulles, VA

FOR LEASE: Dulles, VA - 1.79 acre IOS

Address: 42128 John Mosby Highway, Dulles, VA 20166

Features: Gravel lot with fenced entrance

Close To: Washington Dulles Intl. Airport

Building: 4,050 SF warehouse with dock loading and ramp, and 1,800 SF office

Zoning: PDGI (Planned Development General Industrial)

Rental Rates: $5.51/SF/year

Info: LINK

IOS for lease at Long Beach, CA

FOR LEASE: Long Beach, CA - 2.09 acre IOS

Address: 5630 Cherry Avenue, Long Beach, CA 90805

Features: 10 door open-air dock and ample trailer parking

Close To: 91, 710, and 605 freeways, Port of Long Beach, Port of Los Angeles, Long Beach-Daugherty Field Airport, Los Angeles Intl. Airport

Building: 2,000 SF office

Zoning: Industrial

Rental Rates: $9.60/SF/year

Info: David Noriega at 562-395-3229


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