IOS Daily - July 31 - Pinnacle brokers sale of 4.95 AC IOS portfolio in Denver for $9.4M

NEWS ROUNDUP

ACQUISITION: Pinnacle brokers sale of 4.95 AC IOS portfolio in Denver for $9.4M. Pinnacle Real Estate Advisors has facilitated the sale of 5150 and 5190 Brighton Boulevard and 5151, 5175, and 5201 York Street in Denver, Colorado. The portfolio features 5 structures totaling 28,508 SF on 4.95 AC. Paul Schneider and Chase Grimes with Pinnacle represented the buyer in the transaction. Tim Shay and Tyler Ryon with Colliers represented the seller.

DISPOSITION: Compass sells 2.06 AC IOS in Las Vegas for $5.5M. Compass has facilitated the sale of 9575 Redwood Street in Las Vegas, Nevada. The property includes an 18,180 SF industrial building. The buyer was Alterra IOS. Santiago Acevedo and Rich DeGirolamo led the Compass deal team in the transaction.

ACQUISITION: Jadian IOS buys 4.6 AC ISF in Nashville. Jadian IOS has acquired 1707 River Hills Drive in Nashville, Tennessee. The property features a 25,000 SF industrial service facility (ISF). Justin Fletcher, Alex Stahl, and Daniel Schuchinsky led the Jadian IOS deal team in the transaction.

ACQUISITION: Industrial Outdoor Ventures buys 2.08 AC IOS in Laredo, TX. Industrial Outdoor Ventures (IOV) has acquired 8210 San Gabriel Drive in Laredo, Texas. The low-coverage property features 14,405 SF of maintenance shop buildings. The IOV deal team included Eric Johnson and Anthony DeLaurentis. Juan Fraga and Edgar Lee with First Houston represented IOV in the transaction and are currently marketing the property for lease.

LEASE SIGNED: Voit Real Estate Services leases 9.75 AC IOS in Inland Empire. Voit Real Estate Services has facilitated the leasing of 2824 North Locust Avenue in Rialto, California. The lease’s value is $1,783,782. Juan Gutierrez, Ryan Lal, and Ian Ozimec with Voit represented the landlord in the transaction.

LEASE SIGNED: Colliers leases 6.11 AC IOS in La Salle, CO. Colliers has facilitated the leasing of 20675 Niobrara Boulevard in La Salle, Colorado. The property includes a 15,150 SF industrial building. Matthew Marcus and Kristjan Danis with Colliers represented the landlord in the transaction. Buzz Miller, Greg Paugh, and Lindsay Brown with Stream Realty Partners represented the tenant.

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NEW Asking Price: $14,900,000 | 2.55 AC | Fully Improved Truck Dealership | 3 Buildings Totaling ±26,778 SF: Building 1 - Office, Showroom with Workshop; Building 2 - Office and Carport; Building 3 - Office and Workshop | Building Rehabs Completed in 2022 and 2023 | Close to I-10 via Cherry Avenue

For Sale or Lease | 6.35 AC | Paved, Fenced, and Lit | Heavy Power | Rail Served | Building Materials Property | Heavy Industrial Zoning | 81,880 SF Total of Buildings with Multiple Oversized Grade-Level Doors and 2 Dock Platforms | Close to I-77 and I-20 | Asking Price: $4,950,000; Asking Rent: $40,000/Mo. NNN

For Sale and Lease | 4.84 AC | 26,734 SF Office/Warehouse Building with 5 Docks, 1 Drive-in | 2 AC of Fully Fenced, Paved Concrete or Asphalt Parking | 28,000 SF Covered Loading Area | Rail Access vis Union Pacific Railroad | Heavy Power: 1,000 Amp, 3-Phase, 4-Wire | Convenient Access to I-270, I-170, Hwy 141, and Hwy 67 | Asking Price: $5,000,000; Asking Rent: $30,000/Month NNN

4.1 AC | Fenced Aggregate Yard | Convenient to Rangeline Road, I-10, and Highway 90 | Proximate to Amazon Sortation Center and New Scannell Distribution Development | Zoned I-1: Light Industrial | Asking Rent: $14,000/Mo. NNN

5 AC | Secured Metal Gates | Video Surveillance | 30,000 SF Building with 7 Grade-Level Doors | 120/480 3-Phase Power | Close Proximity to I-10 and I-215

48.89 AC | Graveled Lot Suitable for Trailer Parking or IOS | Max Capacity: 126 Spaces | Proposed Fence and Gate Protection | Owner Will Provide Fencing and Lighting if Requested | Quick Access to I-81 and I-476