IOS Daily - October 2 - SRS sells 3.92 acre IOS in Prescott Valley, AZ for $7.7M

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NEWS ROUNDUP

DISPOSITION: SRS sells 3.92 acre IOS in Prescott Valley, AZ for $7.7M. SRS Capital Markets has facilitated the sale of 3600 North Glassford Hill Road in Prescott Valley, Arizona. The low-coverage property features an industrial building totaling 38,098 SF formerly leased to Builders FirstSource. Dave Faris with SRS represented the seller in the transaction.

ACQUISITION: Jadian IOS buys 3.4 acre IOS in Las Vegas for $5.5M. Jadian IOS has acquired 2861 Losee Road in Las Vegas, Nevada. The property includes 4,400 SF of indoor industrial space. Kees t’Sas and Zachary Friedman led the Jadian deal team. Michael Schoenbrun with Clearwood Capital facilitated the transaction.

DISPOSITION: Sands sells 3.83 acre IOS in Boise, ID area for $5.2M. Sands Investment Group has facilitated the sale of 1209 3rd Avenue North in Nampa, Idaho. The low-coverage property includes several buildings totaling 13,193 SF and is currently leased to Western Waterworks. Austin Marsh and Max Freedman with Sands and Scott Reid with ParaSell represented the seller in the transaction.

ACQUISITION: Outpost buys 19.6 acre IOS in the Inland Empire of CA. Outpost has acquired 517 South Benson Avenue in Ontario, California. The property features 9.7 acres of paved concrete and 9.9 acres of crushed aggregate yard space, as well as 11 canopy structures totaling 25,000 SF and 4 buildings totaling 24,000 SF. The Outpost deal team included Nick Rini, Chenying Zhao, and Robert Brandt.

LEASE SIGNED: Kidder Mathews leases 3 acre IOS in Seattle. Kidder Mathews has facilitated the leasing of 3 acres at 8249 5th Avenue South in Seattle, Washington. The property is owned by CenterPoint Properties. The CenterPoint deal team included Weston Payne, Greg Stumm, and Evan Lippow. Chris Corr and Matt Murray with Kidder Mathews represented CenterPoint in the transaction.

LEASE SIGNED: CBRE subleases 2.5 acre IOS in Chattanooga metro area. CBRE has facilitated the subleasing of 2.5 acres of IOS at 7724 Battlefield Parkway in Ringgold, Georgia. In 2024, the firm represented the subtenant in the leasing of another 5 acres plus a 9,000 SF building at the property. Barrett Kibble with CBRE represented the primary tenant in the transaction. Bryan Rudisill with NAI Charter represented the sub-tenant.

FROM OUR PARTNERS

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For Sale and Lease | 2.02 AC | Fully Fenced Property with Security Lighting | Cleared, Graded, and Graveled | 24/7 Automatic Gate Access | CCTV Surveillance for Enhanced Security | Power Available on Site | Located Just off US-421 with Easy Access to I-140 Outer Loop Interchange and Port of Wilmington | New Hanover County I-2 Zoning | Ready for Immediate Use

16.3 AC | 100% Leased to FedEx | 6.9 Years WALT | Class A Facility | Heavy-Duty Asphalt Paving | Fenced Perimeter | LED Site Lighting | Close to I-20W and I-285

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

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

8 AC | Graveled, Lit, and Fenced | Utilities on Site | 15,600 SF Truck Terminal with Additional 4,700 SF Service Garage (Can Divide Garage Space) | Located 1 Mile from the Junction of NY-17/I-86

7.4 AC of IOS Available (Divisible to 3 AC) | 5,400 SF Flex Building with 1,200 SF Office and 12’x14’ Drive-in Door | 3-Phase Power | Proximity to Interstate Systems