IOSList - October 18, 2023 - Zenith signs two IOS leases in Clearwater.
Zenith leases in Clearwater. DSP delivers new ISF in Chicago. Laredo keeps winning. Cali truckers sue over EV truck mandate. Midloch-ATLAS buys Phoenix. Eight new IOS deals.
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LEASES SIGNED: Zenith signs two IOS leases in Clearwater. Trailer manufacturer GT Express is taking a 26,940 SF space with 1 acre of outdoor storage. Construction supply company, White Cap, is leasing a 20,000 SF space and 1.5 acres of outdoor storage space. Pat Kelly and Brad Hutton with Franklin Street repped Zenith, Matthew Alexander repped GT Express, and Trey Carswell and Sam Arthur of Cushman & Wakefield repped White Cap. Zenith bought 30-acre site with seven warehouse buildings in 2022 for $27.5 million.
RENOVATION: Dayton Street finishes 3.94 acre ISF in Melrose Park, IL. DSP completed the development of a 32,368 SF truck maintenance facility with 10 bays, 4 docks, 27 trailer spots, 23 car spots, high bay warehouse, and fully fencing and lighting. The site is located at 2050 Janice Ave in Melrose Park, IL with proximity to O’Hare, I-290, and I-294. Leasing: Brian Colson at 847-886-0228 or Brian Pomorski at 708-912-2807 with Avison Young.
FREIGHT: Laredo edges out LA for #1 freight gateway. For the seventh-straight month, Laredo is king of the international trade gateways. Port of LA and Chicago O’Hare were #2 and #3. “Truckload demand has nearly doubled out of the border town Texas markets of Laredo and McAllen since 2018.” -Zach Strickland, Freightwaves
EV TRUCKS: California Trucking Association sues to stop EV truck rollout. The CTA argues that California exceeded its authority in creating the Advanced Clean Fleets rule. The rule mandates a phase-out of internal combustion engines (ICE) in trucks by 2040. But on a more pressing timeline, no ICE-powered trucks could be added to the state’s drayage registry after Jan. 1, 2024; they must be zero-emission vehicles (ZEVs).
ACQUISITION: Midloch-ATLAS JV buys two assets in metro Phoenix. A joint venture between Midloch Investment Partners and ATLAS acquired two industrial buildings with additional IOS acreage in Gilbert, AZ. One 36,326 SF facility is leased to Gannett Co, and the other 25,220 SF building is occupied by four tenants. The outdoor storage yards were leased to two additional tenants.
TENANTS LOOKING FOR SPACE
Pittsburgh / Penn Hills, PA - Two to five acres needed. Repo yard for vehicles, tenant needs gravel or asphalt lot: SUBMIT for PITT/PENN.
Day Cab Requirements (MTM, or up to 12 months) - Sacramento (100 assets) | Cincinnati/North Kentucky (100 assets) | Oakland (25 assets) | Miami (30 assets) | Newark (100 assets). SUBMIT for DAY CAB.
Sleeper Cab Requirements (overnight, 5-10 slips per day, variable) - Burlington/Teterboro, NJ | Charlotte, NC | Baltimore, MD | Little Rock, MD | Grand Rapids, MI | Bakersfield, CA | Long Beach, CA | Tucson, AZ | Oxnard, CA | San Diego, CA. SUBMIT for SLEEPER CAB.
—>If you want to post a truck parking or IOS space need, submit here: LINK
IOS FOR SALE
FOR SALE: El Centro, CA – 9.5 acre ISF
Address: 1963 Old Highway 111, El Centro, CA 92243
Features: Eastern portion is paved, water onsite treatment is required, electricity is believed to be available, improvements are in disrepair
Close To: HWY-111, E Evan Hewes HWY, Two Ports of Entry Border Crossing
Zoning: M-1-U Light Industrial, Urban Overlay. Light Industrial zoning allows for a variety of uses, including wholesale commercial, storage, trucking, and other light industrial uses.
Asking Price: $1,600,000
FOR SALE: Fort Worth, TX – 5.3 acre IOS
Address: 880 N Houston St, Fort Worth, TX 76164
Features: Paved, fenced/gated, cul-de-sac, utilities on site, heavy power available
Close To: Railroad adjacent, I-30, I-35W, downtown Fort Worth, Meacham International Airport
Zoning: K (Heavy Industrial)
Asking Price: $3,000,000
Broker: Marco Rodriguez at 915-449-0349
FOR SALE/LEASE: Denver, CO - 10 acre IOS lot
Address: 6120 Federal Blvd - 2820 West 62nd Ave, Denver, CO 80221
Features: Fenced, gated, and paved, 100 spaces for parking, large infill outside storage site
Close To: I-76, I-25, Denver International Airport and Downtown Denver
Buildings: 10,290 SF covered lean-to structures (includes 1,900 SF shop) and 2,000 SF office/shop
Zoning: Unincorporated Adams County C-5
Rent: $5,000/acre/month NNN
Asking Price: Call brokers
FOR SALE/LEASE: Braidwood, IL – 39.7 acre IOS development site
Address: 1725 S Will Rd, Braidwood, IL 60408
Close To: Reed Road and I-55
BTS Options: Warehouse 1: 26,820 SF with 2,400 SF office, 62 car parking, 241 trailer parking, 4 (16’x16’) drive thru bays and 1 exterior dock
Warehouse 2: 11,610 SF with 2,400 SF office, 41 car parking, 124 trailer parking, 3 (16’x16’) drive thru bays and 1 exterior dock
Warehouse 3: 26,820 SF with 2,400 SF office 62 car parking, 241 trailer parking, 4 (16’x16’) drive thru bays and 1 exterior dock
Zoning: I-1 (Zoned for Industrial Use)
Broker: Adam Stokes at 847-698-7401
IOS FOR LEASE
FOR LEASE: Lithonia, GA – 10 acre IOS
Address: 2700 Turner Hill Rd, Lithonia, GA 30058
Features: Class A facility, 400+ trailer spots, heavy-duty asphalt paving, fencing, 11’x55’ striping, coded access gate, solar-powered LED lighting
Close To: Immediate access to I-20 east of Atlanta, onward to the I-285 loop and ATL airport, I-675, and I-75
Buildings: Shop buildings can be built-to-suit
Availability: Currently under construction with Q1 2024 delivery date
FOR LEASE: Dallas, TX – 4-11 acre IOS
Address: 3500 Valley View Ln, Irving, TX 75062
Features: Fenced and gated, crushed gravel throughout, turn-key move-in condition
Close To: Immediate proximity to DFW airport, Passport Business Park West, Hwy 161, Hwy 183
Buildings: 4,556 SF shop, six 16’ x 16’ grade level overhead doors, 24’ clear, 3 phase 225A/120V power, 2,386 SF separate office building with 8 offices, bullpen/conf room, kitchen, 2 bathrooms with showers
Zoning: IP-AR (Industrial Park Airport Related) allows for freight terminal, landscaping sales, warehousing, mechanical equipment, outside storage, petroleum products
FOR LEASE: Minneapolis, MN – 7.5 acre IOS (multiple parcels)
Address: 322 W 59 1/2 St, Minneapolis, MN 55419
Features: Fully fenced and paved, active rail spur (BNSF, Canadian Pacific, and Progressive)
Close To: Interstate 35W, MSP Airport and downtown Minneapolis
Buildings: 264,947 SF outdoor storage, total 61,677 SF buildings area, and 14 drive-in doors
FOR LEASE: Baytown, TX – 47.4 acre IOS
Address: 2828 FM 1405, Baytown, TX 77523
Features: State of the art truck terminal, fully fenced and lit, ESFR sprinkler system, 214 dock doors (9’x10’), 935 trailer parks, 251 car parks, Chambers County tax incentives available, guard shack potential
Close To: 99/Grand Parkway, I-10 and Port of Houston
Buildings: 214-door truck terminal; 164,640 SF building with with 24’ clear height, 6,000 SF to-suit office, 10,000 SF truck maintenance facility
ONE MORE THING
Related getting into the cold storage business.
"“You can’t store food on the internet,” said Michael Winston, managing director of Related Fund Management, the affiliate of Related that will own the new cold storage business."
— Hunter 🌆 (@rhunterh)
Oct 17, 2023
You can’t park trucks on the internet, either.
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