IOS Daily - January 12 - Bay Street Capital buys 3.47 acre IOS in DC metro area for $4.25M

NEWS ROUNDUP

ACQUISITION: Bay Street Capital buys 3.47 acre IOS in DC metro area for $4.25M. Bay Street Capital has acquired 3527 Whiskey Bottom Road in Laurel, Maryland. The low-coverage property features 24,000 SF of industrial improvements. The Bay Street Capital deal team included Jeremy Stenberg.

DISPOSITION: Matthews sells 6.8 acre IOS in Wilkesboro, NC, for $2.12M. Matthews has facilitated the sale of 4145 US-421 in Wilkesboro, North Carolina. The property features a 15,498 SF industrial building that is currently occupied by Red’s Home & Garden (which was sold to SiteOne Landscape Supply in October 2025). Taylor Dintzner with Matthews represented a private seller and procured a private buyer in the off-market transaction.

ACQUISITION: APEX buys 4.6 acre IOS in Jacksonville, FL. APEX has acquired 7800 Old Kings Road in Jacksonville, Florida. The property features a 20,000 SF warehouse. Steven Bentolila with Bento Property Group and Solomon Michailow with S2 Property Group facilitated the transaction. Alex Olshanksy and Steve Ruimy lead the APEX team.

ACQUISITION: Kidder Mathews brokers sale of 2.97 acre IOS in Seattle area. Kidder Mathews has facilitated the sale of 516 Valley Avenue Northeast in Puyallup, Washington. The property features 12,500 SF of industrial improvements. Matt Murray with Kidder Mathews represented the seller, Clarion Partners, in the transaction. Adam Wheeler and Blake Hofmeister led the Clarion Partners deal team.

ACQUISITION: Apricus Realty Capital buys 2.3 acre IOS in Dallas. Apricus Realty Capital has acquired 6110 Chippewa Drive in Dallas, Texas. The property features a 7,082 SF service building. The Apricus deal team included J Matthew Haley, Garrett Marler, and Cort Martin.

LEASE SIGNED: Lee & Associates leases 1.6 acre IOS in Fort Myers, FL. Lee & Associates has facilitated the leasing of 2740 Katherine Street in Fort Myers, Florida. The property features a 3,968 SF industrial building and rail spur access. Jeff Buckler and Zachary Buckler with Lee & Associates represented the landlord in the transaction.

FROM OUR PARTNERS

As experienced industrial operators, we understand the dynamics of IOS. Our high-leverage financing is built for speed and flexibility, backed by a relationship-driven approach that helps investors and operators execute their business plan.

47 Transportation Facilities | $700M Portfolio | US & Canada | Major Markets | Available Individually | Occupied/Vacant | Logistics & Distribution Focus

For Sale and Lease | 2 AC | Fully Fenced, Gated, and Meticulously Stabilized | Mobile Office on Site | Utilities on Site | Blocks from I-10, Greens Port, and Houston Ship Channel | Rental Rate: $4,200/AC/Mo.

1.66 AC | 905 SF Office | Security Fence with Lighting | 7.00% Cap Rate | NNN Lease in Place with Annual Rent Increases | 0.5 Miles from Hwy 512, 4 Miles from I-5, 7 Miles from Port of Tacoma, 9 Miles from Hwy 167, 20 Miles from Seattle/Tacoma Airport | Rare Industrial Zoning; Grandfathered in for Gravel Outdoor Storage Use

5 AC | Graveled and Gated Truck and Trailer Parking with Secure Fencing | Utilities Onsite | 3,300 SF Warehouse | Easy Access to I-57, I-80, and I-294 | Close to CSX, CN, BNSF, and NS Intermodal

7.4 AC of IOS Available (Divisible to 3 AC) | 5,400 SF Flex Building with 1,200 SF Office and 12’x14’ Drive-in Door | 3-Phase Power | Proximity to Interstate Systems

4.5 AC | Concrete-Paved, LED-Lit, Fully Fenced, and Gated Yard | Guard Shack with Access Control | 8’ Perimeter Fencing with Barbed Wire | 6,556 SF Building (4,000 SF Warehouse, 2,556 SF Office) | Dock-High and Grade-Level Loading | Utilities on Site | Close to I-35, Loop 410, San Antonio Intl. Airport, and San Antonio’s Primary Industrial and Logistics Corridors