IOS Daily - May 27 - Dodge Real Estate Corp. sells 12 AC IOS in Jacksonville, FL, for $7M

NEWS ROUNDUP

DISPOSITION: Dodge Real Estate Corp. sells 12 AC IOS in Jacksonville, FL, for $7M. Dodge Real Estate Corp. has facilitated the sale of 11950 Camden Road in Jacksonville, Florida. The buyer was Monomoy CRE, led by Christopher Tellone and CJ Clark. Dusty Dodge, Johnny Dodge, and Paul Shooster led the Dodge deal team in the transaction.

ACQUISITION: APEX IOS buys 5 AC IOS in Houston. APEX IOS has acquired 2626 Wilson Road in Houston, Texas. The property features a 51,250 SF warehouse. Alex Olshansky and Steve Ruimy led the APEX IOS deal team.

ACQUISITION: Jadian IOS buys 2.8 AC ISF in Atlanta metro area. Jadian IOS has acquired 7365 Graham Road in Fairburn, Georgia. The low-coverage industrial service facility (ISF) features an 18,560 SF industrial building. The Jadian IOS deal team included Matt Perlmutter, Sara Swift, Alex Stahl, and Daniel Schuchinsky.

DISPOSITION: JLL sells 2.45 AC IOS in Cleveland metro area. JLL has facilitated hte sale of 7405 Industrial Parkway Drive in Lorain, Ohio. The property includes a 9,300 SF warehouse. Sam Everson and Donald Bain with JLL represented the seller in the transaction.

LEASE SIGNED: Newmark leases 7 AC IOS in Denver metro area. Newmark has facilitated the leasing of 9801 East 102nd Avenue in Commerce City, Colorado. The property features a 46,200 SF cross-dock truck terminal. Mike Viehmann, Mike Wafer, Michael Wafer Jr., and Reagan Todd with Newmark represented the landlord, Realterm, in the transaction. Marc Feldman with Stream Realty Partners represented the tenant, Outrider.

LEASE SIGNED: Lee & Associates leases 6.7 AC IOS in San Fran Bay Area. Lee & Associates has facilitated the leasing of 2348 Industrial Parkway West in Hayward, California. The property features a 23,000 SF cross-dock terminal and a 5,000 SF shop building. Craig Hagglund and Jeff Huberman with Lee & Associates represented the landlord, Layline LLC. Rusty Kigelman, Robert Ferraro, and Chris van Keulen with CBRE represented the tenant, Manheim.

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.

We built Rig Hut because the tools we needed didn't exist. Payments, inventory, reporting, access control, and marketing all purpose-built for truck parking. Not repurposed from self-storage. Not a marketplace taking 20% of your revenue. Your yard. Your data. Your brand.

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.

IOS Redevelopment Site for Sale | ±17.07 AC | Currently: 451,791 SF of Industrial Facilities | Potential to Redevelop into ±130,000 SF Cross-Dock Facility with 10-14 AC of Trailer Storage | Abundant Heavy Power on Site | All Utilities Available | ±1.5 Miles to I-75 at Exit 216, ±23 Miles to I-285, and ±222 Miles to Port of Savannah

3.72 AC | Infill Location with Future Redevelopment Potential | 100% Leased to Industrial Credit Tenant with BBB+ Rating | Stable 5-Year Cash Flow with Future Upside Potential | Function, Modern, Mission-Critical IOS Facility with Low Site Coverage | 2,850 SF Renovated Office with Mezzanine, 9 Drive-ins, Full Clear Span, and LED Lighting | Easy Access to I-70 and I-25 | Closest Equipment Rental Site to Downtown Denver

4.92 AC | 7,878 SF Building Ideal for Industrial Storage, Showroom Space, or Service HQ | Direct Access to I-75 | Current Owner/Occupant Is Open to Leaseback

3-22.7 AC Available | 8,014 SF Across 4 Buildings (Office and Shop) | Zoning Supports Heavy Industrial and Outdoor Storage Uses | Fully Configured IOS Site | Fenced, Secured, and Stabilized Yard (Stone and Asphalt Millings) | Site Improvements Underway | Ability to Accommodate Multi-tenant or Phased Occupancy | Available for Immediate Occupancy

21.68 AC (Divisible) | Secured, Fenced, and Lighted | 18,937 SF Warehouse/Shop with Drive-Through Capabilities | Well Configured for Drop Lot | Convenient to Both Norfolk Southern Harrisburg and Rutherford Intermodal Yards | Container Stacking Permitted | Easy Access to I-83, I-81, and PA Turnpike

4.73 AC | Partially Paved | Graveled | Electric Fence with Automatic Gates | 3-Phase Power | Utilities on Site | 6,000 SF Total Building (4,800 SF Warehouse and 1,200 SF Office) | 5 Miles to I-15