IOS Daily - January 5 - Realty Executives sells 5.7 acre IOS in Nashville area for $6.2M

NEWS ROUNDUP

DISPOSITION: Realty Executives sells 5.7 acre IOS in Nashville area for $6.2M. Realty Executives has brokered the sale of 152 Molly Walton Drive in Hendersonville, Tennessee. The property includes a 20,000 SF flex building that has been leased back to a national company for 10 years. The buyer was Miramar Capital Advisors, led by Peter Eichler, Brandon Miller, and Sallar Tahbaz. Sam Harrell with Realty Executives represented the seller in the off-market transaction.

ACQUISITION: Bento Property Group sells 18 acre IOS in Portland, OR. Bento Property Group has facilitated the sale of 4450 Northeast Buffalo Street in Portland, Oregon. The property includes 6 buildings totaling 13,071 SF and is adjacent to Portland Intl. Airport. Steven Bentolila with Bento Property Group represented the buyer, Green Courte Partners, in the transaction. Tony Reser with Kidder Mathews represented the seller, Dotted Line Investments.

ACQUISITION: Golden Lion Capital brokers sale of 12 acre IOS in Laredo, TX. Golden Lion Capital Investments represented the buyer, Albany Road Real Estate Partners, in the acquisition of 20951 Mines Road in Laredo, Texas. The property includes 19,406 SF of industrial improvements. Lyman Phillips and Jack Wood led the Golden Lion deal team. Juan Fraga with First Houston Properties represented the seller in the transaction.

ACQUISITION: RCR sells 5.3 acre property w/IOS in Durham, NC, for $2.225M. Rich Commercial Realty (RCR) has facilitated the sale of 7112 Mount Hermon Church Road in Durham, North Carolina. The property features 3.3 usable acres of IOS, along with a 20,000 SF industrial building. Nick Kasprzak and Bo Hargrove with RCR represented the buyer in the transaction.

ACQUISITION: Alluvion Partners buys 1.12 acre IOS in Nashville metro area. Alluvion Partners has acquired 230 Shelby Street in Murfreesboro, Tennessee. The property features an 8,500 SF warehouse and direct access to I-24. Dean Taylor led the Alluvion Partners deal team. McNeill Stout with Charles Hawkins Co. facilitated the transaction and is currently marketing the property for lease, along with Kevin Irwin and Robert Stout.

FINANCING: Cooper-Horowitz arranges $14.5M loan for IOS in Charlotte, NC. Cooper-Horowitz has sourced a permanent financing loan for 83,600 SF and 3.09 gross acres in Charlotte, North Carolina. The Cooper-Horowitz deal team included Justin Horowitz, Richard Horowitz, Ben Knopf, and Joshua Tropper.

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For Sale and Lease | 4.96 AC | 32,553 SF 60-Door Truck Terminal and Maintenance Facility | Fully Paved Lot With 3 Points of Ingress and Egress | Prime Location Offering Immediate Access to I-70 and Excellent Regional Connectivity | Access to 75% of the US Population within a 1-Day Drive

For Sale and Lease | 9 AC (Will Subdivide for Lease) | Improved Aggregate Yard with GEOGRID | Extra-Wide Concrete Entry Apron for Easy Access | Fenced with Automatic Gate and Perimeter Lighting | Close to I-10, I-65, Port of Mobile, and Mississippi State Line

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

4.5 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

5.5-12 AC | Fully Improved Site | Paved, Lit, and Secured Yard | 1,000 SF Repair Shop and 3,200 SF Shop/Office | Additional Offices on Site Available for Operational Support | Utilities on Site Include Gas, Water, Sewer, and 277/480V 3-Phase Power | Steel Canopies with Power | Excellent Visibility with 785’ of Frontage on Donovan Way and 790’ of Frontage on I-15

2.03 AC | 6,000 SF Warehouse with 1,800 of Office Space, 21’-24’ Clear Heights, and (2) 12’x14’ Dock Doors | 2 Dock Well Positions with Edge of Docks in Place | 1,519 SF of Covered Loading Dock | 1,838 SF Mezzanine | Outside Storage Allowed as an Accessory Use | Excellent Access to I-95, US-92, Williamson Boulevard, Bill France Boulevard, and Nova Road | 5 Minutes to Daytona Intl. Speedway and Daytona Beach Intl. Airport | Less Than 10 Minutes to I-95/I-4 Interchange