IOS Daily - July 9 - Miramar Capital buys 15.2 acre IOS in Atlanta metro area

Good morning. This is IOSList, and we help you discover the details.

Now, let’s get to it.

NEWS ROUNDUP

ACQUISITION: Miramar Capital buys 15.2 acre IOS in Atlanta metro area. Miramar Capital has acquired a 15.2 usable acre IOS property on Cabin Drive in Conley, Georgia. The fully paved parking facility in the Moreland Avenue industrial corridor is currently occupied by a credit tenant. Peter Eichler, Brandon Miller, and Sallar Tahbaz led the Miramar deal team. Tom Shafer, Chase Matthews, and Stephen Bridges with OnPace Partners assisted in the acquisition.

ACQUISITION: Alterra IOS buys 3.88 acre IOS in Greensboro, NC. Alterra IOS has acquired 530 Farragut Street in Greensboro, North Carolina. The property includes a 4,500 SF maintenance building and is fully leased to a national tenant. Gavin Weaver led the Alterra IOS deal team. Ben Sturgill with NAI Piedmont Triad facilitated the transaction.

ACQUISITION: CanTex Capital buys 3.72 acre IOS in Fort Worth, TX. CanTex Capital has acquired 1251 Northeast Parkway in Fort Worth, Texas. The low-coverage property features a 12,500 SF industrial building and is currently 100% occupied by TruckPro LLC. Sam Cheema and Romy Cheema lead the CanTex team. Keaton Duhon with DuWest Realty facilitated the off-market transaction.

LEASE SIGNED: Elmwood & Co. leases 7.5 acre IOS in Savannah, GA. Elmwood & Co. has leased 175 Container Road in Savannah, Georgia. The landlord is Peakstone Realty Trust. Zachary Zakas with Elmwood & Co. represented the tenant, Caucasus Auto Import, in the transaction.

FINANCING: Alluvion Partners closes IOS loan in major metro area. Alluvion Partners has acquired and resolved a non-performing first lien loan secured by an IOS facility in a major U.S. metro area. The property is currently leased to a Fortune 500 company. Dean Taylor led the Alluvion deal team.

PEOPLE MOVES: Creek CRE hires VP of Brokerage Services. Mitch Hammack has joined Creek Commercial Real Estate as Vice President of Brokerage Services. Creek is one of Oklahoma’s top-performing commercial real estate firms. Mitch’s previous experience includes 6 years with KW Commercial.

FROM OUR PARTNERS

Click on each photo for more information.

10.07 AC | Investment or Owner/User Opportunity | 12,382 SF Office | Heavy Industrial Zoning | Paved Parking Lot Surrounding Office Building with Gravel Yard Behind Building | Up to 6 Usable AC | Excellent Access to I-20 and I-285

2.75 AC | 6,993 SF of Office and Warehouse Space | Fully Fenced | Includes Cell Phone Tower Plot with Potential for Rental Income or Lucrative Sale | Close to Suncoast Parkway

4.71 AC | 12,580 SF Warehouse/Shop | Located Between Fort Collins and Greeley | 60% Occupied | 3-Phase Power

2.5 AC | Fenced and Lit | Concrete Pad | Immediate Access to I-25 and I-70 | Ideally Situated Between I-70 and I-76 | Minutes to Downtown Denver, National Western Complex, and Major Rail Lines | Located in Well-Established Industrial Zone

4-7 AC | 300 Parking Spaces | Industrial Zoning | Located Just 11 Miles from the Port of Savannah | Easy Access to Highway 21 Corridor | Close to I-16 and I-95

9.7 Gross AC | Easy Access to I-95 and the FL Turnpike | City Water and Sewer | Located in a Qualified Federal Opportunity Zone