IOS Daily - November 4 - Outpost buys Northern NJ IOS 2-pack for $68.5M

NEWS ROUNDUP

ACQUISITION: Outpost buys 2 IOS properties totaling nearly 15 AC in Northern NJ for $68.5M. Outpost has acquired 76 Central Avenue in Kearny and 2120 McCarter Highway in Newark, New Jersey. The properties total 8 and 6.9 AC, respectively. The Kearny property also includes a 1,300 SF office building plus a 1,400 SF office trailer. Chenying Zhao, Sam Penny, and Harry Zhang led the Outpost deal team. Jason Lundy, Nick Stefans, Luke Ceccoli, and Dean Brody with JLL represented Outpost in the transaction. Michael Klein, Max Custer, and Michael Donohoe, also with JLL, arranged the acquisition financing. Jordan Avanzato, Christopher Todd, and William Ericksen with NAI James E. Hanson represented the seller.

ACQUISITION: Bleecker Partners buys 2 IOS properties totaling 6.3 AC in Texas. Bleecker Partners has acquired 2 IOS sites in the Northwest submarket of Houston and the Brookhollow submarket of Dallas-Fort Worth. The 2 sites total 66,700 rentable SF on 6.3 AC. Ben Siegel and Ethan Silverman led the Bleecker Partners deal team in both acquisitions. Emil Shabot with Kassin Sabbagh Realty facilitated the Northwest Houston transaction, while Chase Miller with NAI Robert Lynn facilitated the DFW transaction.

ACQUISITION: Alluvion Partners buys 3.39 AC IOS in Murfreesboro, TN. Alluvion Partners has acquired 1311 West College Street in Murfreesboro, Tennessee. The property features 5,600 SF of building improvements and is currently being renovated. Dean Taylor led the Alluvion Partners deal team. McNeill Stout, Kevin Irwin, and Robert Stout with Charles Hawkins Co. are currently marketing the property for lease.

DISPOSITION: Kidder Mathews sells 2.93 AC IOS in Seattle metro area for $5M. Kidder Mathews has facilitated the sale of 1530 Bonneville Avenue in Snohomish, Washington. The property includes an 11,322 SF warehouse. James Leptich and Zach Vall-Spinosa with Kidder Mathews represented the seller in the transaction. Jason Bloom, Greg Fuchs, and Todd Gauthier, also with Kidder Mathews, represented the buyer.

ACQUISITION: Sierra Capital Club buys 2.33 AC IOS in Memphis, TN. Sierra Capital Club has acquired 5536 Old US-78 in Memphis, Tennessee. The property is currently occupied by Core & Main. The Sierra Capital Club deal team included Quinn Morris, Ben Lipscomb, Nick Kaye, and Ty Barbo.

LEASE SIGNED: SVN Northern Commercial leases 2.5 AC IOS in Indianapolis, IN. SVN Northern Commercial has facilitated the leasing of 4848 West Minnesota Street in Indianapolis, Indiana. The property features a 6,500 SF industrial facility. Harjod Cheema and Wade Wilson with SVN represented both the landlord and the tenant in the transaction.

IOS IS TAKING OVER LAS VEGAS

Yards. Ports. Capital. Vegas.

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.

→ Click here to request an invitation: IOS WEST

11.75 AC | 97,564 SF | Fully Fenced, Gated, and Paved with 2 Points of Ingress/Egress | 3 Building Truck Terminal Campus: Office, Truck Maintenance Facility with 6 Drive-Thru Bays and a 65-Door Crossdock | 2 AC Trailer Drop Lot | Onsite Fuel Island | Immediate Access to I-70, I-495, and Sam Jones Expressway

40 AC | Stabilized and Fenced | 10,800 SF of Office and 25,600 SF of Warehouse with 20 Grade-Level Drive-Thru Bay Doors | (2) 20-Ton Full-Length Cranes and (2) 5-Ton Jib Cranes | Fully Leased to Atlas Sand Co. | Strategically Located

2.6 AC Total | 0.81 AC IOS Yard | 2 Buildings totaling 19,324 SF | 96 Onsite Parking Spaces | Short-Term Leases in Place | Owner-User or Redevelopment Opportunity

4.5 AC | Fully Fenced with Automatic Gate | Fully Lit with Perimeter Lighting | 7,000 SF Office Building | 2,000 SF House | 240V/400 Amp 3-Phase Power

1.75 AC | Graveled and Gated IOS Lot | Less Than 2 Miles from I-24 on/off Ramp | Strategically Located Between Nashville and Murfreesboro | Heavy Industrial Zoning | Positioned Within Established Heavy-Industrial Corridor

2.42 AC Total | 1.7 AC Fenced and Gated Outdoor Storage Yard | Will Be Regraded Prior to New Tenancy | 4,984 SF Concrete Warehouse with (2) 10’x12’ Grade-Level Doors | 3-Phase Power | 10 Parking Spaces in Front