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  • IOS Daily - May 7 - IREP brokers $51.3M sale of 12-property IOS portfolio to Jadian

IOS Daily - May 7 - IREP brokers $51.3M sale of 12-property IOS portfolio to Jadian

Jadian buys IOS portfolio. Outpost buys Houston-area IOS. Alterra buys Boston IOS. L&A leases Inland Empire IOS. CushWake leases Las Vegas IOS. Six new IOS listings.

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NEWS ROUNDUP

Jadian buys IOS portfolio

ACQUISITION: IREP brokers $51.3M sale of 12-property IOS portfolio to Jadian. Industry Real Estate Partners (IREP) has facilitated the sale of a 12-property IOS portfolio. Totaling 61.2 AC and 150,000 SF across 10 states, the transaction represents one of the largest off-market IOS portfolio acquisitions completed in the US. The seller was 10 Roads Express. Chip Sipple and Wade Cox with IREP represented the buyer, Jadian IOS, in the acquisition. The Jadian deal team included Zachary Friedman, Sara Swift, Alex Stahl, and Daniel Schuchinsky. The properties in the portfolio are:

  • 4086 East McCain Boulevard in Little Rock, Arkansas

  • 6270 East 58th Avenue in Denver, Colorado

  • 8420 Quebec Street in Denver, Colorado

  • 2078 Lane Avenue North in Jacksonville, Florida

  • 6713 Benjamin Road in Tampa, Florida

  • 3510 Sam Jones Expressway in Indianapolis, Indiana

  • 3321 Mike Collins Drive in Minneapolis, Minnesota

  • 49 Obrien Road in Newark, New Jersey

  • 311 Orville Wright Drive in Greensboro, North Carolina

  • 2751 Red Lion Road in Philadelphia, Pennsylvania

  • 1936 West Commerce Street in Dallas, Texas

  • 4401 Deen Road in Fort Worth, Texas

Outpost buys Houston-area IOS

ACQUISITION: Outpost buys 28 AC IOS in Houston metro area. Outpost has acquired 6750 Bender Road in Humble Texas. This is the company’s 3rd IOS site in the Houston metro. The property includes 61,000 of industrial buildings with 32’ eaves, 3-phase 480V power, and 3 overhead cranes (25, 10, and 5 ton). The yard supports 480 container and trailer spaces across concrete, asphalt, and gravel. The Outpost deal team included Rob Brandt, Dan Luo, Jessica Carralero, and Josh Neill.

Alterra buys Boston IOS

ACQUISITION: Alterra buys 2.2 AC IOS in Boston metro area. Alterra IOS has acquired 186 South Washington Street in Taunton, Massachusetts. The property features 4,800 SF or building improvements. Sean Christman led the Alterra deal team. Matty Drouillard and Stephen Flynn with The Stubblebine Co. facilitated the transaction.

L&A leases Inland Empire IOS

LEASE SIGNED: Lee & Associates lease 4.18 AC trailer parking yard in Inland Empire. Lee & Associates has facilitated the leasing of 8707 Mulberry Avenue in Fontana, California. Ian Armbruster, Tyler Plata, and Austin Hill with Lee & Associates represented both the landlord and the tenant in the transaction.

CushWake leases Las Vegas IOS

LEASE SIGNED: Cushman & Wakefield leases 2.14 AC IOS in Las Vegas. Cushman & Wakefield has facilitated the leasing of 2980 Marion Drive in Las Vegas, Nevada. The low-coverage property features an 8,062 SF industrial building. The Cuevas-Griffis Las Vegas Industrial Advisors team at CushWake represented both the landlord and the tenant. Jason Griffis represented the former, Outour Storage Investments, while Michael Scher represented the latter.

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IOS FOR SALE

Click on each photo for more information.

IOS for sale in Fort Walton Beach, FL

702 Anchors Street Northwest, Fort Walton Beach, FL 32548

3.44 AC | Highly Functional Mix of 8,700 SF of Warehouse Space and 3,120 SF of Office and Showroom Space | Convenient Access to Pensacola (38 Miles), Crestview (30 Miles), and Panama City (52 Miles) | Located Directly Between Hulburt Field and Eglin Air Force Base

IOS for sale in Baltimore, MD

6800 Quad Avenue, Baltimore, MD 21237

3.07 AC | Paved, Lit, Fenced, and Gated IOS Property | 3-Phase Power | All Utilities Onsite | Total of 11,630 SF: ±8,500 SF Warehouse with 17’-19’ Clear Heights and ±2,500 SF Canopy Building, Both with Cross-Dock Loading and Grade-Level Oversized Drive-in Doors Available | Close to I-95, I-895, Dundalk Marine Port, and Downtown Baltimore

IOS for sale in Birmingham, AL

1838 Vanderbilt Road, Birmingham, AL 35234

For Sale or Lease | ±9 AC | Fully Fenced, Gated, and Graveled | ±12,000 SF Maintenance/Repair Shop with Office, (3) 14’X16’ Grade-Level Doors | Trailer/Tractor Parking Capacity: 300+ Units | Zoned Heavy Industrial I-2 | Close to I-20, I-65, I-59, CSX Terminal, Airport, and Downtown Birmingham | Ready for Immediate Occupancy

IOS FOR LEASE

Click on each photo for more information.

IOS for lease in Redmond, WA

14515 Northeast 87th Street, Redmond, WA 98052

0.53 AC | Fenced, Graveled, and Lit Outside Storage Yard | Power Available: (1) Outdoor 100a 480/277v 3-Phase Panel and (1) 225a 208/120v 3-Phase Panel of Optional Standby Power (Generator) on Site | Private Automated Vehicular Gate Access | Central Eastside Location with Easy Access to Willows Road and WA-520 | Proximity to Meta, Microsoft, and Amazon | Email Broker for More Info

IOS for lease in Boston area

IOS for Lease in the South of Boston Submarket

4.9 AC | IOS Storage | 40,000 SF Facility | Multiple Docks and Drive-in Doors | No Restrictions on Outside Storage or Operating Hours | Heavy Power | Located ¼ Mile from Highway | Less than 20 Miles to Boston

IOS for lease in Toledo, OH

1336 Matzinger Road, Toledo, OH 43612

6 AC | Paved, Secured Yard with 50+ Truck and Trailer Parking Spaces and Drop-Yard Capability | ±10,140 SF Warehouse/Terminal Building with Efficient Office, Dock, and Operational Layout | ±6,000 SF Dedicated Truck Maintenance Facility with 4 Drive-in Service Bays | Close to I-75, I-280, and US-24 and Strong Connectivity to I-90, Detroit, Chicago, and Midwest Distribution Corridors

ONE MORE THING

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