IOS Daily - November 11 - JLL sells 25 AC ISF in MetroWest Boston area for $36M

NEWS ROUNDUP

DISPOSITION: JLL sells 25 AC ISF in MetroWest Boston area for $36M. JLL Capital Markets has facilitated the sale of 300 Bartlett Street in Northborough, Massachusetts. The property features a 54,504 SF industrial service facility (ISF) that is fully occupied by FedEx Freight. The buyer was LaSalle Investment Management, led by Charlie Palmer. Michael Restivo, Alison Howard, David Coffman, and Tommy Hovey with JLL represented the seller, NorthBridge Partners. George Gregory and Colin Sargis led the NorthBridge deal team in the off-market transaction.

ACQUISITION: Legacy Capital Partners buys 162 AC industrial portfolio in Columbus, OH. Legacy Capital Partners has acquired a portfolio of industrial assets in Columbus, Ohio. The portfolio includes 29 AC of IOS space plus 10 buildings totaling 1.9M SF. Jack McCunn and Jack Slater led the Legacy Capital Partners deal team. Joe Davis, Matthew Collins, Josh Weithman, Lucas Borges, and Emma Berner with JLL facilitated the transaction.

DISPOSITION: First Houston sells 7.6 AC IOS in Greater Houston metro area. First Houston Properties has facilitated the sale of 19411 Clay Road in Katy, Texas. The buyer was Cartage Capital Partners. James Mashni with First Houston represented the seller, DryPort Capital, in the transaction.

DISPOSITION: Kassin Sabbagh Realty sells 2.3 AC IOS in Las Vegas for $3.675M. Kassin Sabbagh Realty (KSR) has facilitated the sale of 5790 Rogers Street in Las Vegas, Nevada. The property is fully leased to Dogtown Truss & Components. The buyer was Jadian IOS. Shivam Whadwa and David Warren led the KSR deal team.

ACQUISITION: Steel Peak buys 1.16 AC IOS in Dallas-Fort Worth metro for $2.15M. Steel Peak has acquired 2605 North Forum Drive in Grand Prairie, Texas. The property is Steel Peak’s 1st Texas acquisition. It features a 6,600 SF office/warehouse building and is 100% leased to Elecnor Belco Electric. The seller was Rockbrook Equity. Eli Ray led the Steel Peak deal team, which was represented by Chris Wong with Partners Real Estate.

DEVELOPMENT: Goldwaite completes value-add renovation of 4.8 AC IOS in DFW area. Goldwaite has completed the value-add renovation of 705 West Kennedale Parkway in Kennedale, Texas. The property features 5 buildings totaling 115,000 SF and was acquired by Goldwaite earlier this year. Martin Grossman and Philip Cherrick with Davidson Bogel are currently marketing the property for lease.

IOS IS TAKING OVER LAS VEGAS

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Join 500+ IOS owners, investors, lenders, tenants, and brokers in Las Vegas on February 3 for a 2027 kickoff conference. Find out how the major IOS players will direct capital and acquisition efforts in the coming year.

The event will feature two expert panels sharing tactical intelligence on IOS markets in the Heartland, Mountain Region, and West Coast, along with the latest in deal structuring and tenant demand. We’ll celebrate the Top IOS Owners and Top IOS Brokers for 2026. Then, we'll connect over food, drinks, and music with the people who control deal flow, capital, and tenant relationships. 

IOS West is an invite-only event. Apply below for access and forward to colleagues and contacts who are active in the space.

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4.2 AC | 2 Buildings Totaling 19,490 SF | (4) Oversized Drive-in Doors | (1) Dock Door | Outdoor Storage with Compacted Stone/Millings Base | Located in Heart of Edinburgh with Immediate Access to I-65 and US-31 | ASKING PRICE: $1,599,000

5.03 AC | Fenced, Gated, and Lit | 10,825 SF Building with Office Space and 5 Grade-Level Doors | 2,400 SF Pole Barn | Quick Access to I-75, Telegraph, Dix-Toledo, and Fort Street

For Sale or Lease | 10,09 AC | Permitted for IOS | Fenced and Gated | 10,400 SF Warehouse and Covered Storage | 2,000 SF Office/Shop | Immediate Access to Denver’s Major Connecting Interstates, Including I-76, I-70, and I-25 | ASKING PRICE: $10,100,000

5 AC | Fenced and Graveled | Available January 2027: 6,000 SF Warehouse with (4) 12’x16’ Grade-Level Doors, 18’+ Ceiling Heights, and 1,600 SF of Two-Story Office Space | Close to I-520, I-20, Augusta Airport, and Amazon Distribution | Asking Rent: $12,000/Mo. NNN

16.88 AC | Fully Improved Storage Yard | Divisible | Fenced, Paved, and Lit | Utilities on Site | Close to I-95, I-75, and Palmetto Expressway

2-10.23 AC Available | Fully Fenced with Automatic Gates | Crushed Rock Surface | Lit | Utilities Onsite | Immediate Access to US-287 and Loop 820 with Convenient Access to I-20 and I-30 | Flexible Term | 8 Miles to Downtown Fort Worth, 21 Miles to DFW Intl. Airport, and 30 Miles to Downtown Dallas