IOS Daily - June 13 - Zenith IOS buys 4 acre IOS in Nashville, TN

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NEWS ROUNDUP

ACQUISITION: Zenith IOS buys 4 acre IOS in Nashville, TN. Zenith Industrial Outdoor Storage has acquired 870 Murfreesboro Pike in Nashville, Tennessee. The property features a 6,000 SF maintenance shop currently leased to Maxim Crane Works. The Zenith deal team was led by James Baker and Peter Cannon. Alessandra Bianchi of ONE Commercial Real Estate sourced the opportunity for Zenith.

ACQUISITION: Avison Young brokers sale of 3.12 acre IOS in Indianapolis, IN. Avison Young has facilitated the sale of 2460 North Arlington Avenue in Indianapolis, Indiana. The property features 2 industrial buildings totaling 20,970 SF. Peter Seoane with Avison Young represented the buyer, Capital City Fence Co., in the transaction. Nick Spegal with Re/Max Realty Group represented the seller.

ACQUISITION: Lee & Associates facilitates sale of 6.27 acre Inland Empire IOS. Lee & Associates has facilitated the sale of 19047-19083 Mermack Avenue in Lake Elsinore, California. The property features a 13,000 SF industrial building. John Seoane and Ryan De Guzman with Lee & Associates represented the buyer in the transaction.

DISPOSITION: Timber Hill Group sells 5.15 acre IOS in Chicagoland. Timber Hill Group has facilitated the sale of 333 Blaine Street in Gary, Indiana. The property features a 13,660 SF office and truck repair facility with easy access to downtown Chicago. Cary Goldman and Ryan Battistoni lead the Timber Hill Group team.

LEASE SIGNED: CBRE leases 6.4 acre IOS in Orlando, FL to Rivian. CBRE has facilitated the leasing of 4000 Shader Road in Orlando, Florida. The property includes a 34,938 SF industrial building. The new tenant is EV maker Rivian. David Murphy and Monica Wonus with CBRE represented the landlord, Ultimate Realty, in the transaction. Danielle Beyer and David Perez with Cushman & Wakefield represented Rivian.

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FROM OUR PARTNERS

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10.93 AC | Paved, Fenced, and Gated Yard | 100% Leased to US LBM | Active Rail Spur | Storage Sheds | 45,012 SF Warehouse with 6 Grade-Level Doors, Dock-High Loading, and a Ramp to Yard for Forklift Access | Close to I-10, Tucson Intl. Airport, and Union Pacific Railroad Terminal

For Sale and Lease | 2-23 Contiguous AC Available | IOS/ISF Development Site | Infill with Freeway Frontage | Multiple Properties Available | 10,000 SF Buildable | Close to US-183, I-35, TX-71, TX-130, Austin-Bergstrom Intl. Airport, and Downtown Austin

3.23 AC | 7,000 SF Garage Building | 2,000 SF Offices | Prime Industrial Site | Outdoor Storage | Directly off I-287

24.56 AC | ±20,000 SF Total Across 3 Buildings: ±3,200 SF Office, ±4,000 SF Warehouse, and ±13,500 SF Warehouse | Grade- and Dock-Level Loading | Fully Improved with New Gravel/Rock Surface | Ideal for Fleet, Fabrication, Equipment Storage, Service Operations, or IOS

5-9.5 AC | Graveled, Fenced, and Gated | Water on Site | Close to I-15 and National Transit Highway

3.82 AC | Cantilever Gate and 8’ Barbed Wire Fence | Gravel Surface | Fully Lit | Great Site for Container or Laydown Yard | All Utilities Available to Site | Close to I-165, I-10, I-65, Port of Mobile, and APM Terminals