IOS Daily - July 22 - Roebuck acquires 34 acre IOS in South Yorkshire, UK

NEWS ROUNDUP

ACQUISITION: Roebuck acquires 34 acre IOS in Yorkshire, UK. Roebuck’s Industrial Open Storage (IOS) vehicle has completed the acquisition of a property located near Junction 36 of the M1 motorway in Yorkshire (Tankersley). The site features 110,000 SF of indoor industrial space. The seller was Mercedes Benz/Daimler Trucks UK, and the tenant is CAM, a truck and trailer division of a major UK 3PL. The Roebuck deal team included Charlie Barnes, Hugh Macdonald-Brown, Charlie Seaton, and Mokam Sihra. Robert Whatmuff of Colliers brokered the deal.

ACQUISITION: Realterm buys another IOS in the Netherlands. Realterm has added to its Netherlands portfolio with the acquisition of Schutweg 1 in Waalwijk, which is near the Belgian border. The 2.67 acre IOS property features 7,535 SF of indoor space and is fully leased to Arriva, a public transportation company. The Realterm deal team included Balazs Lados, Jon Chalkley, and Piet van de Ven.

LEASE SIGNED: Transport Properties leases 4 acre IOS in Chicagoland. Transport Properties has leased 132 South Harris Drive in Rockdale, Illinois. The property includes a 21,885 SF warehouse with 12 drive-in doors. The facility has been used by trucking companies for more than 20 years, but the new tenant is a national equipment rental company. Tim McCahill led the Transport Properties deal team. Joshua Hearne and Reinier Pranger of Cawley CRE brokered the deal.

LEASE SIGNED: Colliers leases 2.64 acre IOS in Indianapolis, IN. A Colliers team led by Korey Ryan represented the landlord, Indy Property Groups, in the leasing of 4018 South High School Road in Indianapolis, Indiana. The property includes an 11,894 SF warehouse. The new tenant is Virk Trucking, Inc.

READ: The “near-shoring” effect on supply chains. -via Robert Strenk, WiseTech Global

SPACE NEEDED!

→ An IOS user is looking for space that meets the following requirements:

Location: Northern NJ and Orange County, NY with proximity to major roadways

Yard: 4-7 acres, preferably lit and fenced

Building: 10k-15k SF maintenance facility with grade-level loading

FOR SALE/LEASE: Linthicum Heights, MD - 0.5 acre warehouse + IOS

Address: 781 Elkridge Landing Road, Linthicum Heights, MD 21090

Features: Half an acre of outdoor storage, onsite parking, and a wash bay available on site.

Close To: I-295, I-95, I-895, I-695, I-97, and BWI Airport

Building: 9,413 SF industrial building with 2 drive-ins, high visibility, 15’ clear height, column spacing: 38’-4” W x 23’-6’ D

Zoning: W1 (Industrial)

Asking Price: $2,500,000

Rental Rates: $10,000/month NNN

Info: LINK

FOR SALE: Houston, TX - warehouse + 0.7 acre IOS

Address: 5636 Etheridge Street, Houston, TX 77087-4008

Features: Fully-fenced and paved, 100% leased to seller for 2 years at $7.70 psf NNN

Close To: South Loop 610, IH-45 South, the Port of Houston, and Hobby Intl. Airport

Building: 12,320 SF flex space, the warehouse has 3 grade-level overhead doors

Zoning: Industrial

Asking Price: $1,050,000 (9.00% in-place cap rate)

Info: LINK

FOR LEASE: Baltimore, MD - 7.23 acre IOS

Address: 5600 East Lombard Street, Baltimore, MD 21224

Features: Fenced and lit storage lot

Close To: I-95, I-895, and the Port of Baltimore

Zoning: TOD-4 (Transit-Oriented Development)

Info: LINK

FOR LEASE: Park City, IL - 8.19 acre warehouse + IOS

Address: 700 and 750 Chestnut Avenue, Park City, IL 60085

Features: Paved, lit, fenced, gated yard, drive-thru capabilities, truck and van maintenance area, onsite training facility

Close To: I-94, Route 41, and Route 120

Buildings: 700 Chestnut: 55,000 SF building with 6,000 SF office, 19' clear height, 3 interior docks, 6 drive-in doors; 750 Chestnut: 49,000 SF building, 16-'21' clear height, 8 exterior docks, 2 drive-in doors

Zoning: Industrial

Rental Rates: STO

Info: LINK

FOR LEASE: Rancho Cucamonga, CA - 3.18 acre truck parking + IOS

Address: 10721 Jersey Boulevard, Rancho Cucamonga, CA 91730

Features: Fully-fenced, paved, electronic gates, 3 phase power, , 60 parking spaces with all utilities on site

Close To: Immediate access to 10, 15, 210, and 60 freeways

Building: 38,214 SF metal building with 1,800 SF office, 13 drive-in bays, 30'-36' clear height, 600 amps, 277/480V power

Zoning: Heavy Industrial

Rental Rates: $75,000 per month, IG

Info: LINK

FOR LEASE: Indianapolis, IN - 4.6 acre warehouse + IOS

Address: 235-320 Transfer Drive, Indianapolis, IN 46214

Features: Secured lot, gravel surface, automatic entrance gate, lit, 960 SF office trailer

Close To: I-465, I-70, CSX Indy Railyard, and Indianapolis Intl. Airport

Building: 15,000 SF building with 2 dock doors, 2 drive-in doors, and 18'-20' clear height, 400 amp / 3 phase power

Zoning: I-4 (Heavy industrial, outdoor storage permitted)

Rental Rates: $32,500/month NNN

Info: LINK