IOS Daily - January 29 - The Spot Cos. buys 10 AC IOS, now has more than 100 IOS locations

NEWS ROUNDUP

ACQUISITION: The Spot Cos. buys 10 AC IOS in Westfield, MA, bringing portfolio to more than 100 IOS properties. The Spot Companies has acquired 160 Falcon Drive in Westfield, Massachusetts. The property features an ±18,000 SF cross-dock facility. With this acquisition, The Spot Cos. now has more than 100 owned and leased IOS locations nationwide. Rob Levesque with R. Levesque Associates Inc., Danielle Justo and Yana Zheng with Rich May PC, and Jason LaBella and Jordan Plummer with Much Shelist PC assisted in the transaction. Lee Guthman leads The Spot Cos.

ACQUISITION: Zenith buys 6.3 AC IOS in Houston, TX. Zenith has acquired 11049 and 11051 Eastex Freeway in Houston, Texas. The low-coverage property features 3 buildings totaling 31,540 SF and is currently leased to FleetPride. The Zenith deal team included Peter Cannon and Max Rodenborn. Griff Bandy, Wyatt Huff, and Hunter Stockard with Partners represented the seller in the transaction.

ACQUISITION: Greenspring Realty Partners buys 1.6 AC ISF in Baltimore, MD. Greenspring Realty Partners (GRP) has acquired 3520 East Federal Street in Baltimore, Maryland. The property includes secure outdoor storage and an 18,000 SF warehouse/distribution facility. Daniel Flamholz led the GRP deal team and, along with Matt Jackson and Goral Khatta, is currently marketing the property for lease.

FINANCING: Realterm originates $43.5M refi loan for 10-property IOS portfolio. Realterm, which made its strategic lending debut in January 2025, has originated a loan to refinance a portfolio of 10 fully leased IOS properties in the Atlanta, Georgia, and Charleston, South Carolina, markets. “As we continue to scale our credit platform, transactions like this multi-property financing showcase our capability to deliver institutional-quality execution,” Realterm Head of Credit Paul Sisson says. The credit solutions team also includes Kate Sarris and Cameron Barr.

PEOPLE MOVES: 50 CRE pros including APEX IPG move to Colliers. 50 CRE professionals formerly with Lee & Associates Charleston have joined Colliers South Carolina. The expansion solidifies Colliers as South Carolina’s largest CRE provider, with an annual transaction volume of more than $1.5B. The acquisition includes the IOS-focused APEX Investment Property Group (IPG) team, led by Jon-Michael Brock and Alex Whittemore. Other CRE pros who now head the Colliers SC leadership team include David Feild, Wade Allen, Bob Nuttall, Milton Thomas, and Reid Davis.

READ: EquipmentShare raises $747.3M in IPO. The IOS super-user has debuted on the Nasdaq under the ticker “EQPT.” EquipmentShare currently operates more than 370 locations in 45 states and plans to expand to ±700 rental sites within the next 5 years.

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13.65 AC | Pre-approved Site Plan for ±106,205 SF of Industrial | Frontage Along Florida Turnpike | Located Directly off I-95 Exit | 2 Income-Producing Billboards May Be Included in Sale | Light Industrial Zoning

10 AC with 7.5 AC of Stabilized, Paved Yard | 52,000 SF Removable Covered Storage | Excellent Security with Fencing, Lighting, and Full Camera System | 4,950 SF Shop Building | 3,400 SF Pull-Through/Wash Bay | Close to TX-45 Toll, I-35, US-290, Downtown Austin, and Austin-Bergstrom Intl. Airport

4.53 AC | Gravel Driveway with Gated Entry | Lit | Security Cameras | Well and Septic | 11,200 SF Warehouse with 1,600 SF Office and (5) 20’x80’ Drive-Through Bays | 3-Phase Power | 5 Minutes to I-35 Exit, 35 Minutes to Providence and Worcester, and 50 Minutes to Airports

3.86 AC | Fully Fenced Yard with Block Walls and Gated Access | 11,000 SF Building With 3,500 SF Office and 7,500 SF Warehouse | 3 Grade-Level Roll-up Doors | 3-Phase Power | Close to I-515 and I-215 | Zoned IL (Light Industrial)

14.84 AC | Paved and Fully Fenced | 26,934 SF Drive-Thru Maintenance Facility with 10,798 SF Office and 16,136 SF SF Shop/Warehouse | Floor Drains | (12) 14’x16’ Drive-in Doors and (1) 12’x12’ Drive-in Door | Divisible | Available 3/1/26

8.79 AC | Fenced and Secured | LED Lighting | Utilities Onsite | 6,500 SF Shop with 8 Grade-Level Doors | Loop 12 Frontage | Quick Access to I-35E, I-30, and TX-183 | 7 Miles From DFW Intl. Airport | Available 1/1/26