IOS Daily - October 14 - Crosswest Capital buys 8.85 acre IOS in Easton, PA for $7M

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NEWS ROUNDUP

ACQUISITION: Crosswest Capital buys 8.85 acre IOS in Easton, PA for $7M. Crosswest Capital has acquired 1200 Conroy Place in Easton, Pennsylvania. The property features 21,000 SF of industrial buildings. The Crosswest deal team included Derek Fish. Jennifer Stein with JDS Real Estate Services Inc., referred by Roberto Susi and Jose Sasson with Axiom Capital Advisors, represented Crosswest Capital in the transaction. Chaim Friedman with Sapphire Industrial Lending provided financing for the deal.

ACQUISITION: CanTex buys 3.51 acre IOS in Fort Worth, TX. CanTex Capital has acquired 2560 East Long Avenue in Fort Worth, Texas. The property includes an 11,988 SF cross-dock terminal. Sam Cheema and Romy Cheema lead the CanTex team. Liam Wagner with Younger Partners facilitated the transaction.

DISPOSITION: VCR Realty Group sells 4 acre IOS in Atlanta. VCR Realty Group has facilitated the sale of 3272 Fayetteville Road in Atlanta, Georgia. The property features 2 parcels, one zoned light industrial and the other heavy industrial. John Cohen and Jake Foss with VCR Realty Group represented the seller in the transaction. Giles Plyler with JLL represented the buyer.

ACQUISITION: National IOS buys 3.18 acre IOS in Dallas-Fort Worth area. National IOS has acquired 602 South I-45 in Wilmer, Texas. The property is currently fully leased to STRTR Logistics. Nathan Rylander led the National IOS deal team. Alex Keeton with Stream Realty Partners facilitated the transaction.

LEASE SIGNED: Cushman & Wakefield lease 6.034 acre IOS in Houston area. Cushman & Wakefield has facilitated the leasing of 11100 Highway 225 in La Porte, Texas. Coe Parker, Kelley Parker, and John Littman with Cushman & Wakefield represented the landlord in the transaction. Nick Bergmann and Jason Dillee with CBRE represented the tenant.

IOS SPACE NEEDED

WANTED: Environmentally Challenged IOS for Sale

Will Consider Anywhere, USA — Open to Sites Nationwide with Preference in Logistically Significant Markets with Functional Buildings

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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

Offers Due 10/16 | 4.04 AC | High-Quality 150,340 SF Industrial Yard | Fully Improved with Paving, Striping, Lighting, Fencing, Gates, and 391 Single-Access Car Parking Spaces | 10,221 SF Industrial Building | 100% Leased to High-Quality Tenants | Less Than 2 Miles from US-101 and San Francisco Intl. Airport | Walkable Distance to BART and Caltrans Stops

For Sale and Lease | 4 AC | 7’ Barbed-Wire Fencing | Automatic Security Gate | 100 Striped Trailer Spots | Concrete Wheel Stops | 0.2 Miles off I-85 | Strategically Located Between Chattanooga and Atlanta and Adjacent to Appalachian Regional Port | Zoned H-2 (Heavy Manufacturing)

1-9 AC | Fully Fenced, Gated, and Paved with Concrete | 24/7 Security Guards | Short- or Long-Term Leases | Flexible Site Plans with Customizable Striping, Lighting, and Video Monitoring | Exclusive Lounge with Restrooms, Shower, WiFi, and Washer/Dryers | Build-to-Suit Office Warehouse | Easy Access to I-10, Highway 90, I-45, Grand Parkway 99, and Beltway 8

4.43 AC | Milled, Fenced, and Secured | Close to NJ Turnpike, I-287, Newark Airport, and Port of Newark | SD3 (Industrial) Zoning — Permits Truck/Trailer, Van, and Car Parking and Maintenance; Heavy Equipment and Building Storage; Outdoor Storage Is Permitted by Right

2.9 AC | Graveled, Fenced, Gated, Lit, and Secured | 1,600 SF Office Trailer on Site | Close to I-495 and Routes 50, 704, and 202 | 1.25 Miles from DC/Maryland Line | 4.6M SF of Industrial Product Within a 1-Mile Radius