IOS Daily - September 14 - Lee & Associates' J-GPT team sells 5.8 AC IOS in Charlotte, NC

NEWS ROUNDUP

DISPOSITION: Lee & Associates sells 5.8 AC IOS in Charlotte, NC. The J-GPT team at Lee & Associates has facilitated the sale of 8715 Wilkinson Boulevard in Charlotte, North Carolina. The property features a fully leased 12,000 SF industrial facility. Travis Wood, Philip Mugrage, Greg Pieratt, and Jack McDermott with Lee & Associates Charlotte represented both the buyer, Jadian IOS, and the seller in the transaction.

DISPOSITION: Lee & Associates sells 2.5 AC IOS in San Diego area for $2.55M. Lee & Associates has facilitated the sale of 8490 Nelson Way in Escondido, California. The buyer was Lovoto Empire LLC. Alex Weiss, Al Apuzzo, and Matt Weaver with Lee & Associates North - San Diego County facilitated the transaction.

ACQUISITION: CanTex buys 2.36 AC IOS in Dallas-Fort Worth metro area. CanTex Capital has acquired 2504 Minnis Drive in Halto City, Texas. The property features a 14,860 SF industrial building. Sam Cheema and Romy Cheema led the CanTex deal team in the off-market transaction. Luke Clardy with Bradford Commercial Real Estate Services is currently marketing the property for lease.

ACQUISITION: Matthews brokers sale of 1.4 AC IOS in Monument, CO. Matthews has facilitated the sale of 836 Synthes Avenue in Monument, Colorado. The property features a 4,960 SF newly constructed industrial building. Spencer Mason with Matthews represented the buyer in the transaction. Corey Russell, also with Matthews, assisted with securing financing.

LEASE SIGNED: DSD Industrial leases 6.76 AC IOS in Las Vegas. The DSD Industrial team at Colliers has facilitated the leasing of 6425 West Richmar Avenue in Las Vegas, Nevada. The property features 8,579 SF of industrial improvements. Daniel Doherty, Paul Sweetland, Jerry Doty, Morgan Elson, and Zach McClenahan represented the landlord in the transaction.

FINANCING: Johnson Capital arranges $2M cash-out refi for Georgia IOS. Johnson Capital has arranged $2M cash-out refinance proceeds for an IOS property in Pendergrass, Georgia (Atlanta MSA). The property is a truck and trailer parking lot with daily rental spaces. The Johnson Capital team secured a lender willing to underwrite the deal without a long-term lease in place. Micah Look, Morgan Johnson, and Garret Billhofer led the Johnson Capital deal team.

FROM OUR PARTNERS

As experienced industrial operators, we understand the dynamics of IOS. Our high-leverage financing is built for speed and flexibility, backed by a relationship-driven approach that helps investors and operators execute their business plan.

9.92 AC | Graveled, Lit, Fenced, and Gated | Utilities on Site | 1,000 SF Office Building | Long-Term Tenant at Below-Market Lease Rate | NOI Increase 12/26 | Close to I-10, I-310, and New Orleans Intl. Airport | ASKING PRICE: $3,900,000

10.5 AC | Fenced Storage Yard with 600’+ of Freeway Frontage | Water and Electricity Onsite | Sale-Leaseback Option | 10,000 SF Metal Building | Small Office and Several Trailers | ASKING PRICE: $4,999,500

FOR SALE OR LEASE | 5.74 AC (Divisible for Lease) | Fully Fenced with Secure Gate and Graveled Parking Area | Located Directly off I-40 Ramp | 3 Miles From Downtown Greensboro and 3 Miles from I-865 | Build-to-Suit Is Also Possible | ASKING PRICE: $4,770,000 | LEASE RATE: $5,250/AC/Mo. (NNN)

4.5 AC | Fully Fenced with 1 AC Stabilized | Close to I-27, TX-62, TX-82 Loop, and TX-289 Loop | Ideal Solution for IOS, Contractor, Tow, Construction, Laydown, Truck, Trailer, Remote, or Overflow Yard | LEASE RATE: $2,0000/AC/Mo. NNN

3.7 AC | Fully Paved Vehicle Storage and Staging Yard | Security Fencing, Gates, and Site Lighting | 1.7 AC and 2.0 AC Configurations Available | General Outdoor Storage Permitted Under IL Zoning | Easy Access for Cars, Vans, and Commercial Vehicles | Power for Up to 20 12KW Level 2 Chargers Can Be Made Available within 12 Months | Close to CA-12 and US-101 | LEASE RATE: $8,000/AC/Mo.

3.98 AC | Paved and Graveled | Lit | 24,000 SF Warehouse with New Spec Office and New LED Lighting and 10 Drive-in Doors | Direct Access to Route 9, Route 35, and Garden State Parkway