IOS Daily - November 4 - Timber Hill buys IOS portfolio in Laredo, TX

NEWS ROUNDUP

ACQUISITION: Timber Hill buys IOS portfolio in Laredo, TX. Led by Cary Goldman and Ryan Battistoni, Timber Hill Group has acquired 4 IOS properties in Laredo, Texas, to launch its TH Cross Border Fund I. The properties are:

• 701 Enterprise Street — 10.2 acres

• 18701 Metropolitan Road — 2.52 acres

• 18729 Metropolitan Road — 3.25 acres

• 4006 Quivira Drive — 7.23 acres

ACQUISITION: Catalyst buys 4.17 acre IOS in Atlanta metro area for $2.9M. Catalyst IOS has acquired 5035 Highway 42 in Ellenwood, Georgia, a suburb of Atlanta. The property features a 3,000 SF warehouse. Ryan Swartzberg and Judd Swartzberg with Swartz Co. Commercial RE represented Catalyst in the transaction and are responsible for leasing the property.

DISPOSITION: Unique Properties sells 1.4 acre IOS in Denver area for $1.8M. Unique Properties has sold 5400-5430 West 56th Avenue in Arvada, Colorado, a Denver suburb. The property includes a 5,600 SF warehouse. The Unique deal team of Javier Gonzalez, Sam Leger, and Graham Trotter represented both sides of the transaction.

DISPOSITION: M&W sells 5.27 acre IOS in San Antonio, TX. M&W Real Estate has sold 5400 West US Highway 90 in San Antonio, Texas. The property features a 16,500 SF industrial building. The M&W deal team included Brett Lum and Carlos Marquez.

LEASE SIGNED: L&A leases 4.27 acre IOS in Sumner, WA. Lee & Associates has facilitated the lease of 810 140th Avenue Ct. E in Sumner, Washington. The property features a 12,600 SF shop and a 6,006 SF office. An L&A deal team led by Andrew Hull represented the tenant, a national logistics company.

READ: Is AI’s impact on the freight industry overhyped?

FROM OUR PARTNERS

Click on each photo for more information.

20 AC | For Sale or Lease | Combination of Paved and Graveled Surface | Well-Lit and Fenced | Power and Water Utilities

3.38 AC | 1,334 SF Office Space on Parcel 1 | Two Separately Fenced Lots | Close to Tallahassee Intl. Airport

4.08 AC | For Sale or Lease | 115 Parking Spaces | Fenced, Secured, Paved, and Lit Yard

9.06 AC | 25,207-96,248 SF of Industrial Space Spread Across 4 Buildings | 54 Parking Spaces | 5 Dock-High Doors and 3 Drive-in Doors

8 AC | Secured, Improved, Fenced, and Lit Yard | 2 Electric Gate Entrances | Water & Sewer Utilities

6 AC | 2 Buildings Totaling 60,000 SF | Access to Route 1-9, I-280, I-78 | Fenced Lot