IOS Daily - November 2 - Albany Road buys 15 AC IOS in Summerville, SC, for $12.5M

NEWS ROUNDUP

ACQUISITION: Albany Road RE Partners buys 15 AC IOS in Summerville, SC, for $12.5M. Albany Road Real Estate Partners has acquired 286-290 Thorpe Street in Summerville, South Carolina. The property includes 2 buildings totaling 22,000 SF leased to Colony Tire and Quantix Liquid Transport. Christopher Kinsley led the Albany Road deal team. Harrison Creason, Andrew Margulies, and Tyler Brown with Marcus & Millichap facilitated the transaction.

DISPOSITION: Colliers sells 12.1 AC IOS in Jacksonville, FL, for $9.375M. Colliers has facilitated the sale of 5703 Commonwealth Avenue in Jacksonville, Florida. The property features roughly 24,500 SF of repair shop facilities and is fully leased to Student Transportation of America. Eric Bumgarner, Jimmy Ullrich, Michael Macchia, Michael Cassidy, and Gordon Olson with Colliers represented both the buyer, Realterm, and the seller, Imperium IG.

ACQUISITION: Deugen Investment Group buys 17.8 AC IOS in Piscataway, NJ. Deugen Investment Group has acquired 145 and 149 Baekeland Avenue in Piscataway, New Jersey. The property includes a 146,000 SF industrial manufacturing facility and is rail-served. Kyle Mathis led the Deugen deal team. Joe D’Agostino with Lance Bram Commercial Brokerage represented both Deugen and the seller in the off-market transaction.

ACQUISITION: Alterra IOS buys 11.5 AC IOS in Tampa, FL. Alterra IOS has acquired 4311 US-301 in Tampa, Florida. The property features 7,479 SF of building improvements. Chris White and Morgan Specht led the Alterra IOS deal team. Jimmy Ullrich with Colliers facilitated the transaction.

ACQUISITION: Apricus Realty Capital buys 1.43 AC IOS in Houston metro area. Apricus Realty Capital has acquired 2225 Sens Road in La Porte, Texas. The property features 16,500 SF of industrial improvements and is fully leased to Sage Envirotech. The Apricus deal team included Garrett Marler and Cort Martin.

LEASE SIGNED: Lee & Associates leases out 33.57 AC in Central Pennsylvania. Lee & Associates has facilitated the leasing of 34 Sinclair Road in Mechanicsburg, Pennsylvania. Erin Downey led the Lee & Associates of Eastern Pennsylvania LLC deal team in the transaction.

READ: IOS portfolio financings top $850M as lending structures evolve. Alterra IOS secured $244M and $400M financings, while Zenith IOS closed a $215M credit facility, highlighting growing lender appetite for large-scale IOS portfolios and equity-pledge financing.

16.36 AC Across 4 Parcels | Fenced | Onsite Utilities | Existing Month-to-Month Income | 2,260 SF Office Building on 2.5 AC Parcel | Close to I-4, I-75, US-41, US-301, and Causeway Boulevard | 8 Minutes to CSX Rockport Yard, 17 Minutes to Port Tampa Bay, 15 Minutes to Downtown Tampa, and 24 Minutes to Tampa Intl. Airport | Outdoor Storage and Truck/Trailer Parking Permitted Beneath Power Lines | 530’ of Frontage and Access on South 66th Street

3.6 AC | Fenced and Paved | 26,156 SF Across Multiple Buildings | 13,000 SF of Additional Pole Barn Structures | Located in Federal Opportunity Zone | Just 0.4 Miles from Lakewood/Fort McPherson MARTA Station | Excellent Connectivity to Langford Parkway, I-75/85, I-20, Atlanta BeltLine, and Hartsfield-Jackson Atlanta Intl. Airport | Asking Price: $3,600,000

FOR SALE OR LEASE: 3 AC | Paved, Lit, and Gated | Outdoor Truck Parking Facility with 73 Spaces Ranging from 12×30 to 14×75 | Close to I-81 and Tri-Cities Airport

5.39 AC | Industrial Yard on Jacksonville’s Westside | In Final Stages of Prep: Fully Fenced Yard with 6” Crushed Gravel and Power Onsite (Sewer Available) | Easy Access to I-10 and I-295 | Proximity to Jacksonville Intl. Airport and Port of Jacksonville | Price Upon Request

5.86 AC | Fully Stabilized Yard - 4” Compacted RAP Millings over 6” Compacted Limestone Flex Base | Secured with 8’ Commercial Wire Mesh Fence, Motorized Gate, LED Lighting, and Cameras | Ideal for Contractor Yard, Fleet, Equipment, Trailer, and Container Storage | Outside San Antonio City Limits - No Municipal Zoning | Close to I-10 East

FOR SALE OR LEASE | 2.28 AC | Fully Fenced, Graveled, and Gated Lot | (2) 4,200 SF buildings with 12’x12’ Drive-thru Bays | Close to WI-57, I-43, and General Mitchell Airport | Zoning: IL-1, Outdoor Storage Permitted | Asking Price: $980,000 | Asking Rent: $12.00 NNN or $8,400/Mo. NNN