IOS Daily - February 19 - Jeremiah Baron & Co. sells 14 AC IOS on Florida's Treasure Coast for $6M

NEWS ROUNDUP

DISPOSITION: Jeremiah Baron & Co. sells 14 AC IOS on Treasure Coast for $6M. Jeremiah Baron & Co. Commercial Real Estate has facilitated the sale of 1121 DiGiorgio Road in Port St. Lucie, Florida. The property features 2 warehouses totaling 40,139 SF plus (2) 12,000 SF open-air metal storage canopies. Brian Schwan with Jeremiah Baron & Co. represented the seller in the transaction.

ACQUISITION: Stubblebine brokers sales of 2 IOS assets in New England. The Stubblebine Co. has facilitated the sale of 2 IOS properties in Massachusetts and Rhode Island. Both transactions were led by Stephen Flynn and Matty Drouillard. The properties are:

• 19 Oak Street in Chelmsford, Massachusetts — 2,400 SF on 1.13 AC, sold for $2.25M to Bay Crane Cos.

• 370 Wampanoag Trail in Riverside, Rhode Island — 15,400 SF on 3.33 AC, sold for $3M to Jadian IOS (Jadian deal team led by John Grib and Alex Stahl)

ACQUISITION: Hyde Park Commercial buys 2 IOS properties in San Antonio, TX. Hyde Park Commercial has acquired 2 properties in Northwest San Antonio, Texas. Sameed Gagai, Christian Zyire Ardoin-Dural, and Milco Cipriani led the Hyde Park deal team. The properties are:

• 2023 FM 1516 — 9,300 SF industrial service facility on 6.4 AC

• 15501 Capital Port Drive — 22,000 SF industrial building on 1.07 AC

DISPOSITION: Panther Capital Group sells 5 AC IOS in Bradenton, FL. Panther Capital Group has facilitated the sale of 6011 33rd Street East in Bradenton, Florida. The well-located site offers 5 AC of outdoor storage with PDI zoning. Zachary Pakizer led the Panther Capital deal team in the transaction.

ACQUISITION: Lee & Associates brokers $500K sale of warehouse with IOS in Gonzales, LA. Lee & Associates has facilitated the sale of 2941 South Ruby Street in Gonzales, Louisiana. The 0.58 AC property features a 5,000 SF warehouse plus fenced IOS space and is currently leased to Big RT Enterprises LLC. Tom McGee with Lee & Associates Baton Rouge represented the buyer in the transaction. Realty Executives represented the seller, Bayou St. John Properties.

LEASE SIGNED: DarwinPW Realty leases 3 AC IOS in Chicago. DarwinPW Realty has facilitated the leasing of 4301 South Packers Avenue in Chicago, Illinois. The property includes a 20,055 SF industrial building. The landlord is Stonemont. Marc Hale and Ali Nix with DarwinPW represented the tenant in the transaction.

FROM OUR PARTNERS

We Ran Yards Before We Wrote Code

Rig Hut wasn't built in a lab. Our founders operated 800+ truck parking spaces in South Florida, running the same Zelle-and-spreadsheet operation most yard owners are running today.

We built Rig Hut because the tools we needed didn't exist. Payments, inventory, reporting, access control, and marketing all purpose-built for truck parking. Not repurposed from self-storage. Not a marketplace taking 20% of your revenue. Your yard. Your data. Your brand.

And we never stopped building. When an operator asks for a feature, we don't add it to a backlog. We ship it, often the same week, sometimes the same day.

39.05 AC | GMS and Centurion-Anchored Portfolio | 20.05 AC of Land for Development | Stabilized Outdoor Storage | Roll-up Grade-Level Doors | 10-Ton Cranes | Salt Creek Highway Frontage Along 1-25 with VPD | 4.7 Miles from BNSF Railway Trans-Load Facility and 7.7 Miles from Wyoming’s Only Intl. Airport

1.98 AC | 18,400 SF Truck Maintenance Facility with 1,840 SF of Office Space, Mezzanine Storage, and 9 Oversized Drive-in Doors | Fully Fenced and Partially Paved Yard | 120/208V 3-Phase Power | Excellent Access to I-76, I-270, I-70, and Denver Intl. Airport

20 AC | Easy Access to I-435 and Highway 32 | Low Street Visibility | New 6” Compacted Rock Surface on 5 AC

2.3 AC Fenced Yard | 8,648 SF Building: 5,448 SF Office/Warehouse and 3,200 SF Covered Cross-Dock Area | 26 Doors Total: 15 Interior Dock-High Doors and 12 Exterior Covered Docks | Less Than 1 Mile from the Port of Mobile | Easy Access to I-10 and I-165

±2.5 AC | Fully Fenced and Gated | Heavy Stabilization | Security Lighting | Video Monitored | Utilities on Site | Direct Access off Beltway 8 | Close to Highways 90 and 59, I-45, and I-10

0.8-12 AC Available | Some Lots Fenced and Graveled | Electrical and Water Hookup for Each Lot | Ideal for Equipment, Construction, Trailer, and Vehicle Storage | 4.5 Miles to I-24 | 10 Minutes to Downtown Murfreesboro