IOS Daily - June 4 - Golden Lion sells 35.36 acre IOS in Houston area for $18.5M

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NEWS ROUNDUP

DISPOSITION: Golden Lion sells 35.36 acre IOS in Houston area for $18.5M. Golden Lion Capital Investments has facilitated the sale of 11603 I-10 in Baytown, Texas. The property features 47,350 SF of industrial space. Lyman Phillips with Golden Lion represented both the buyer and the seller in the transaction.

DISPOSITION: O’Brien sells 7.5 acre IOS in Central Massachusetts. O’Brien Commercial Properties has facilitated the sale of 72 Pratts Junction Road in Sterling, Massachusetts. The property features a 5,600 SF industrial building. Brandon Meeks with O’Brien represented the seller and procured the buyer in the transaction.

LEASE SIGNED: Lober RE and Foundry lease 5 acre IOS in Tampa Bay area. Lober Real Estate Investments and Leasing and Foundry Commercial have facilitated the leasing of 12290 US-19 North in Clearwater, Florida. The property features a 27,000 SF industrial facility. Devin Beeler and Robbie Lober with Lober represented the tenant in the transaction. Caitlin Quinlan and Jesse Drake with Foundry Commercial represented the landlord, Stockbridge.

LEASE SIGNED: Swartz Co leases 4.17 acre IOS in Atlanta metro area. Swartz Co Commercial Real Estate has facilitated the leasing of 5035 GA-42 in Ellenwood, Georgia. The property features 3.5 acres of fenced IOS yard, as well as a 3,000 SF warehouse. Ryan Swartzberg and Judd Swartzberg with Swartz Co represented the landlord in the transaction.

DEVELOPMENT: Brennan Investment Group develops 12 acre IOS in Charleston. Brennan Investment Group (BIG) has developed and delivered a speculative IOS property at 1430 Business Park Road in Summerville, South Carolina. BIG acquired the property in 2023. The property features parking spaces for 234 trailers. Tradd Varner with Harbor Commercial Partners is currently marketing the property for lease.

WATCH: Take a deep dive into IOS investments. The Industrial Real Estate Show talks to Ned Mahic with 9606 Capital.

Click on each photo for more information.

5 AC | 12,000 SF Total Buildings: 7,000 SF Showroom/Warehouse, 2,500 SF Rear Warehouse, 2,500 SF Renovated Apartment/Office | Paved and Graveled Yard | Partial Perimeter Fencing | 50+ Truck/Trailer Parking Spaces and 100+ Car Parking Spaces | Minutes to AC Expressway and Route 42

1.16 AC | 2 Buildings: 4,188 SF Warehouse and 480 SF Office | Fully-Fenced Yard | Close to I-70 | Warehouse Leased through February 2026

5 AC | Fenced with an Electric Gate | 3,300 SF Repair Shop | 3-Phase Power | Easy Access to I-57, I-80, and I-294

4 AC | Paved, Fenced, and Lit | 35,803 SF Warehouse with 1,219 SF Office | 3,000 Amps, 277/480v, 3-Phase Power | Natural Gas | Sprinklers | 6 Grade-Level Doors | 22’-30’ Clear Heights | Close to Loop 202, I-10, and I-17

2.7 AC | Graveled, Fenced, and Lit | 11,952 SF Service Facility with (8) 16’x14’ Grade-Level Doors, 7 Bays, and 1 Wash Bay | Close to I-820, I-20, and US-287

1-5 AC Available | Private 24/7 Access | Secured Yard | Compacted Gravel Yard for All-Weather Heavy Truck Use | Lights