IOS Daily - July 13 - Miramar buys 13.8 AC IOS in Fort Worth, TX

NEWS ROUNDUP

ACQUISITION: Miramar buys 13.8 AC IOS in Fort Worth, TX. Miramar Capital Advisors has acquired 9000, 9001, 9020, and 9021 Primoris Court in Fort Worth, Texas. The property features 4 buildings totaling 41,000 SF and is leased for 8.5 years to a major Texas-based electric utility provider. Peter Eichler, Brandon Miller, and Sallar Tahbaz led the Miramar deal team. Dustin Volz, Stephen Bailey, and Greer Shetler with Newmark facilitated the transaction.

ACQUISITION: Apricus Realty Capital buys 18.56 AC IOS in Northwest Houston. In partnership with ABR Capital Partners, Apricus Realty Capital has acquired 11403 North Houston Rosslyn Road in Houston, Texas. The property includes roughly 53,000 SF of warehouse and industrial service facilities and is 100% leased to American Piping Products. The Apricus deal team included Matthew Haley, Garrett Marler, and Cort Martin. CW Sheehan, Jack Britton, Peyton Ackerman, and Nate Henderson with JLL represented Apricus in securing debt financing.

DISPOSITION: Bento Property Group sells 3.76 AC IOS in Dallas-Ft. Worth metro. Bento Property Group has facilitated the sale of 1306 West Oakdale Road in Grand Prairie, Texas. The low-coverage property includes a 28,000 SF industrial facility. The buyer was Jadian IOS, led by Danny Chapman. Julian Christel and Steven Bentolila led the Bento Property Group deal team.

ACQUISITION: Alterra buys 3.3 AC IOS in Boston’s MetroWest area. Alterra IOS has acquired 158 Butterfield Drive in Ashland, Massachusetts. The property features 17,857 SF of industrial improvements. Sean Christman led the Alterra deal team. Chris Skeffington with CBRE facilitated the transaction.

ACQUISITION: SpurLine Holdings buys 1.7 AC IOS in Denver metro area. SpurLine Holdings has acquired 5433 Newport Street and 5420 Niagara Street in Commerce City, Colorado. The portfolio features 14,000 SF of industrial buildings and is 100% leased to 3 tenants. The SpurLine deal team included Mark Blakely, Matthew Vandal, Brian Keesling, and Nate Schneider.

LEASES SIGNED: Open Industrial fully leases 6.4 AC IOS in Fredericksburg, VA. Open Industrial has brought 200 Central Road in Fredericksburg, Virginia, to 100% occupancy. The property features several buildings totaling 14,000 SF. The new tenants are Ruppert Landscape and Brandywine Heavy Trucks & Equipment, which were represented by Isaac DeRegibus with Cushman & Wakefield | Thalhimer and Spence Daw with KLNB, respectively. Jared Okun and Joshua Gurland led the Open Industrial deal team.

FROM OUR PARTNERS

180.909 AC | Prime Industrial Investment Potential | ID-1 Industrial Zoning | Site Can Support 3 Cross-dock Buildings Totaling 1.1M SF Without Retaining Wall | Water and Sewer Available | 19 Minutes to Rock Hill; 38 Minutes to Charlotte, NC; and 45 Minutes to Columbia, SC | Asking Price: $15,621,500

10.5 AC | Fenced Storage Yard with 600’+ of Freeway Frontage | Water and Electricity Onsite | Sale-Leaseback Option | 10,000 SF Metal Building | Small Office and Several Trailers | Asking Price: $4,999,500

For Sale and Lease | Asking Price: $2,000,000 | Rental Rate: $15,000/Mo. NNN | ±4.28 AC of Concrete and Secured Parking with Exterior Lights, Electric Plug-ins, and Cameras | ±14,000 SF Maintenance Building (Renovated in 2014) Includes New Air Make-up System, Air Lines, Cranes, Oversized Overhead Doors and Office Space | Centrally Located ±5 Miles West of I-43 and ±5 Miles East of I-41/Hwy 45

3.98 AC | Paved and Graveled | Lit | 24,000 SF Warehouse with New Spec Office and New LED Lighting and 10 Drive-in Doors |Direct Access to Route 9, Route 35, and Garden State Parkway

0.53 AC | Fenced, Graveled, and Lit Outside Storage Yard | Power Available: (1) Outdoor 100a 480/277v 3-Phase Panel and (1) 225a 208/120v 3-Phase Panel of Optional Standby Power (Generator) on Site | Private Automated Vehicular Gate Access | Central Eastside Location with Easy Access to Willows Road and WA-520 | Proximity to Meta, Microsoft, and Amazon | Email Broker for More Info

3.55 AC | Concrete Paved (8”) | Fenced | Motorized Gates | Utilities | LED Lighting | 2 Access Points | 25,600 SF Covered Storage Buildings | ±1,000 SF Office with Restrooms and Break Room | Short-Term Options Available | Close to William P. Hobby Airport