IOS Daily - May 14 - Marble Capital closes $5.5M preferred equity investment in Houston IOS

NEWS ROUNDUP

INVESTMENT: Marble Capital closes $5.5M preferred equity investment in Houston IOS. Marble Capital has announced the closing of a preferred equity investment in a 31 AC IOS property in Houston, Texas. The property includes a 69,732 SF crane-served building. The Marble Capital deal team included Yunus Jaffrey, Cameron Keel, and Michael Khourie.

ACQUISITION: Steel Peak buys 2.58 AC IOS in Denver metro area. Steel Peak has acquired 21250 East 31st Circle in Aurora, Colorado. The property features a 15,570 SF warehouse/office building. The Steel Peak deal team included Spencer Mikles, Blake Rodgers, Pasha Johnson, and Aaron Gill.

DISPOSITION: Marcus & Millichap sells 3.09 AC IOS in Durham, NC. Marcus & Millichap has facilitated the sale of 300 South Lasalle Street in Durham, North Carolina. The Marcus & Millichap deal team included Rory Shelby, Jake Vandenburg, Scott Gould, Christopher Biuso, and Spencer Koch.

ACQUISITION: Realterm buys 1 AC IOS in The Bronx. Realterm has acquired 935 Garrison Avenue in the Hunts Point submarket of the Bronx in NYC. The property features a 9,400 SF maintenance building. The Realterm deal team included Ed Brickley and Nick Dupuis.

LEASE SIGNED: CBRE leases 12 AC IOS in Lathrop, CA. CBRE has facilitated the leasing of 1850 East Louise Avenue in Lathrop, California. Ryan Davis, Tom Davis, Robert Taylor, and Ross Rudow with CBRE represented both the landlord, Prologis, and the tenant, Tesla. The Prologis deal team included Reid Lewis and Claire Wilson.

ACCOLADES: Justin Horowitz named to Power 100 List. Justin Horowitz, Senior Managing Director at Cooper-Horowitz, has been named to Commercial Observer’s Power 100 List. Justin is a pioneer in the industrial outdoor storage space, closing $1.7B in IOS transactions in 2025 alone. “’Rewarding’ is probably the right word to describe it,” Justin said. “It’s been really fulfilling to see people understand that IOS isn’t just a flash in the pan.”

FROM OUR PARTNERS

We Ran Yards Before We Wrote Code

Rig Hut wasn't built in a lab. Our founders operated 800+ truck parking spaces in South Florida, running the same Zelle-and-spreadsheet operation most yard owners are running today.

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And we never stopped building. When an operator asks for a feature, we don't add it to a backlog. We ship it, often the same week, sometimes the same day.

±68 Contiguous AC | 2 Buildings | Multiple Covered Storage Areas | Stabilized Yard Area | 60’ Wide Easement and Road Internal | ±900 LF of IH-35E Service Road Frontage | No City Zoning — Maximum Use Flexibility | No Entitlement Required (Denton ETJ) | 35+ Years of Continuous Heavy Outdoor Use (Former Business: CTC Auto) | 15 Minutes to Alliance Texas via IH-35W | Asking Price: $7,000,000

10+ AC | ±30,000 SF Warehouse with Oversized Drive-in Doors | Multiple Industrial Tenants | Heavy Industrial Zoning | Close to I-95, Baltimore Port, and Major Interstates

4.81 AC | Leveled and Graded | All Utilities Accessible at Property Line | Property Frontage on Nellis Boulevard Next to Las Vegas Boulevard

3.5-7.25 AC | Graveled, Fenced, and Gated Yard | 3-Phase Power | Water Detention in Place | 7,625 SF Office/Warehouse Building with (6) 16’x18’ Overhead Doors | Multiple Points of Ingress and Egress | Close Proximity to I-75 and Other IOS Sites

5 AC | Fully Fenced and Gated Gravel Lot | Ideal for Trailer Parking and Material Storage | 2 Access Points | Good Access to Delaware Avenue and I-80/35 | Landlord Is Willing to Do Shorter-Term Leases

Up to 4.5 AC Available | Fully Fenced and Lighted Yard Stabilized with Crushed Rock | Gated Access on New Berlin Road | Electric and Water Available for Office Trailer | Reefer Plugs on Site