IOS Daily - November 14 - TRUX Parking buys 36+ acres of industrial land in Boise, ID

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NEWS ROUNDUP

ACQUISITION: TRUX Parking buys 36+ acres of industrial land in Boise, ID. TRUX Parking has acquired 4600 South Apple Street in Boise, Idaho. The property features 3 acres of truck parking, 7 acres of stabilized yard space, a 10,000 SF flex-industrial building, 241,000 SF of manufacturing space, and a leaseback on 26 acres. The TRUX deal team included Alexander Hegner, Joey Goodman, George Ettershank, Blaise Larrabee, Bret Marks, and Samuel Rotenberg. Also involved in the transaction were Alex Heaton and Darlene Hill-Parks with Maynard Nexsen, Steve Heath with Heath Development & Construction Management, and Gray Williams and Luke Colbert with Albany Road Real Estate Partners.

ACQUISITION: IronHorn buys 7.33 acre IOS in Little Rock, AR for $2.45M. IronHorn Enterprises has acquired 6101 Lindsey Road in Little Rock, Arkansas. The low-coverage property features a 38,280 SF cross-dock facility. The seller was Moses Tucker Partners, led by Adam Jenkins and Matt Chandler. The IronHorn deal team included Jacob Johnston, Joseph Lauro, Greg Cleghorn, and Colin Cleghorn. Stuart Mackey and Jeri Rich with Hathaway Group facilitated the transaction.

ACQUISITION: EV Realty buys 4 acre truck/trailer storage yard in Stockton, CA. EV Realty has acquired 1549 Industrial Drive in Stockton, California. The company plans to develop a large-scale grid-connected charging hub for commercial trucks at the property, as well as offering truck and trailer parking. The seller was an affiliate of Dayton Street Partners, led by Adam Seyfarth. Jenna Halperin and Alec Maghami led the EV Realty deal team. James Kemmerer with Burr & Temkin represented the seller in the off-market transaction.

DISPOSITION: Legacy Capital Partners sells 3 acre IOS in Jacksonville, FL. Legacy Capital Partners has sold 5919 Commonwealth Avenue in Jacksonville, Florida. The property features 28,734 SF of industrial buildings and was acquired by Legacy in August 2024. Tyler Hall and Scott Brucker led the Legacy Capital Partners deal team. Michael Cassidy, Eric Bumgarner, and Gordon Olson facilitated the transaction.

LEASE SIGNED: Digby Commercial Advisors leases 1.29 acre IOS in Denver. Digby Commercial Advisors has facilitated the leasing of 1280 West 64th Avenue in Denver, Colorado. The property offers immediate access to I-76. Tanner Digby represented the landlord, Rio Bravo Land Co., in the transaction. Tanner Gillis with Unique Properties represented the tenant, Franky’s Roofing Co.

READ: A look at IOS acquisition criteria by Vytas Norusis with Partners Valuation Advisors.

FROM OUR PARTNERS

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For Sale or Lease | 3-12 AC | Truck Parking or IOS | All Utilities on Site | Outstanding Midway Location within Hamilton Corporate Center | Zoned for IOS Heavy Industrial, Cold Storage or Manufacturing | Call (917) 687-7437 or (609) 980-5000 for More Information

7 AC | Fully Fenced and Secured Yard Covered with Heavy-Duty Gravel Surface for Equipment Storage | 26,154 SF Warehouse with ±4,500 SF Office, 12 Overhead Doors, and Air Conditioning | Fully Indoor Wash Bay and Heated Outdoor Washpad | Tool and Bulk Oil Storage Room | Overhead Cranes in Shop Area | 2nd Floor Shop Mezzanine | Close to US-34 and US-85

For Sale or Lease | ±11.5 AC | IOS Yard Available for Development | ±75,000 SF Warehouse Available for Sale or Lease | Direct Access to Clovis R. Barker with Connection to IH-35 | Optimal Location to Service the IH-35 Corridor Between Austin and San Antonio

9.14 AC | Paved, Fenced, and Lit | Fuel and Utilities Onside | 72,480 SF Building with 56,480 SF of Warehouse/Shop Space, 10 Grade-Level Drive-in Doors, 3 Dock-High Doors, and 16,000 SF of Office Space with Locker Rooms | Close to I-93, I-95, and Boston Logan Intl. Airport

9.2 AC | Property to Be Delivered Fully Paved, Lit, and Secured with Guarded Entry | 93 Trailer Parking Stalls | 60 Ton Truck Scale (10’x100’) | 2 Points of Ingress and Aggress | Heavy Power | 28,680 SF Cross-Dock Truck Terminal Scheduled for Delivery by End of Year with 2-Bay Repair/Maintenance Shop, Office, 32 Dock-High Doors, 2 Ground-Level Doors, and 29’ Clear Height | Immediate Access to I-215 and I-215 with Convenient Connections to I-210, I-10, and CA-60

Truck Parking for Lease | 1-23 AC | Paved, Lit, Fenced, and Gated | Power and Water Onsite | Includes Controlled Access and Security Monitoring | Close to I-10, I-12, I-110, US-61, and Baton Rouge Metropolitan Airport