IOS Daily - June 1 - APEX IOS buys 6 AC IOS in Dallas-Fort Worth Metroplex

NEWS ROUNDUP

ACQUISITION: APEX IOS buys 6 AC IOS in Dallas-Fort Worth metroplex. APEX IOS has acquired 14475 Old Denton Road in Roanoke, Texas. The property features 24,650 SF of industrial improvements. Alex Olshansky and Steve Ruimy led the APEX IOS deal team.

DISPOSITION: Lee & Associates sells Baton Rouge, LA, metro IOS portfolio for $1.12M. Lee & Associates has facilitated the sale of a portfolio of 2 IOS properties in the Baton Rouge, Louisiana, metro area. The buyer was G-Town Investments. Tom McGee led the Lee & Associates Baton Rouge deal team in the transaction. The properties in the portfolio are:

• 208 West Eastbank Street in Gonzales — 4,500 SF on 0.52 AC

• 3606 Delta Drive in Saint Gabriel — 5,150 SF on 1.68 AC

ACQUISITION: B&D Holdings buys 4 AC IOS in West Deptford, New Jersey. B&D Holdings has acquired 1697-1699 Crown Point Road in West Deptford, New Jersey. The property features a 17,000 SF truck repair facility. The B&D deal team included Martin Segal, Danny Harrison, Christian Galanti, Jack Shulman, Devon Geraghty, Amy Repole, and Andrea Fiorenza. Scott Mertz with NAI Mertz and James McCarthy with B&D are currently handling the leasing of the property.

DISPOSITION: NAI Alliance sells 2.3 AC IOS in Tahoe-Reno Industrial Center. NAI Alliance has facilitated the sale of 700-710 Venice Drive in Sparks, Nevada. Brian Armon, Anthony Machabee, Derek Carroll, Mason La Fond, and Brian Egan with NAI Alliance represented the seller in the transaction.

LEASE SIGNED: Prescott, Stubblebine lease 3 AC IOS in Boston metro area. Prescott IOS and The Stubblebine Co. have facilitated the leasing of 3 Belcher Street in Plainville, Massachusetts. The low-coverage property features a 30,500 SF industrial building. David Skinner with Prescott IOS represented the tenant, Mazzotta Rentals, in the build-to-suit transaction. James Stubblebine with The Stubblebine Co. represented the landlord, Edgewood Development.

LEASE SIGNED: North Palisade Partners leases out IOS in San Diego to PODS. North Palisade Partners has leased out Unit C at 9685 Via Excelencia in San Diego, California. Evan McDonald with Colliers represented the firm in the transaction, while Jim Siegel with Nationwide Industrial Real Estate represented the tenant, PODS Moving and Storage.

FROM OUR PARTNERS

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

4.5 AC | High-Visibility, Paved Site with Phenomenal Signage Opportunities | 10,815 SF Truck Maintenance Facility with 7 Grade-Level 14’ Overhead Doors and 1 Grade-Level 8’ Overhead Door | Rare Infill Site Just Minutes from I-70, I-465, Indianapolis Intl. Airport, and Global FedEx Hub | I-4 Zoning (Allows for Outdoor Storage and Transportation Uses)

2.8 AC | 7,500 SF Shop | 3,000 SF Office Space on 2 Levels | 5 Drive-in Doors | 22’ Clear Height | Clear Span Warehouse | Minutes to I-75, New Bethlehem Road, and Highway 155 | 26 Miles to I-285 and 219 Miles to Port of Savannah

5.7 AC | 11,550 SF Service Building with 1,700 SF Main Office, Secondary Office, and 10 Oversized Roll-up Doors | Over 5 AC of Graveled Outdoor Storage | Full Perimeter Fencing with Secure Electronic Gated Entrance | Site Lighting | 3-Phase Power | Existing Landing Strips | Close Proximity to I-95 with Direct Visibility from Highway | ASKING RENT: $4,500/AC/Month NNN

For Sublease | 5.23 AC | Fully Secured | Asphalt, Stone, and Concrete-Surfaced Yard | 3,200 SF Maintenance Facility with 2 Drive-in Doors | Exterior Lighting Throughout | 2 Points of Ingress/Egress | Within 3 Miles of I-465, I-65, and I-70

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