YardDogs -
We’re highlighting the top industrial outdoor storage (IOS) leases and sales every week and in this edition, we cover transactions in Missouri, Texas, Florida, Wisconsin and more.
In today’s email:
Transactions: Acquisitions in MO, FL, WI, TX, NY! Plus leases signed in MS, FL, NJ.
On The Market: Property available for lease in Peabody, MA.
Recs: CBRE’s John Planeta tapped to lead the $700 million court-ordered sale of 47 transportation facilities after their operators went into receivership.
CLOSED TRANSACTIONS
Acquisitions & Dispositions
ACQUISITION: Alluvion Partners leased a newly acquired 10,800 SF property on 1.05 acres in the Maryland Heights submarket of St. Louis within 30 days of acquisition. The tenant, Beck Automation, LLC, is a control system provider for the metal-forming industry, adding to Alluvion’s portfolio of small-format, low-coverage industrial assets. Meghan Donovan presented the opportunity, and Nick Fiquette, SIOR, CCIM, secured the tenant.
ACQUISITION: SVN Marinas sold Day Break Marina in Pensacola, FL, to Windward Marina Group. The 35+ year-old facility offers dry storage, wet slips, fueling, and service amenities, continuing its legacy as a community hub. David R. Kendall, CCIM, served as the exclusive advisor on the transaction.
ACQUISITION: A private seller has sold a 8.75-acre industrial property in Plover, WI, fully leased to US LBM, to an out-of-state buyer. The deal featured a long-term NNN lease and ample laydown yard space. Congrats to Mark Williams and Patrick Doherty on getting this done!
ACQUISITION: Andrew Wiesemann and Ashton Miller closed the sale of 14460 Liberty Street in Montgomery, TX, after securing a buyer on the property’s first day on the market at a highly aggressive price per square foot. The deal included favorable seller-financing terms for the client.
ACQUISITION: Jadian IOS purchased 651 Fountain Avenue in Brooklyn, a 77,008 SF IOS site with a 6,576 SF building, for $10.25 million. The property offers four-street frontage, multiple access points, and features ideal for fleet parking, logistics, or storage. Meridian Capital Group’s team brokered the sale.
LEASES SIGNED
Recently Leased Properties
LEASED: Criterion Group LLC has leased 6667 Pasadena Drive in Horn Lake, MS, to Meridian Waste. The transaction was facilitated with the help of Luke Jensen and Cushman & Wakefield | Commercial Advisors – Memphis.
LEASED: IGL has signed a long-term lease with US Foods at 4720 Laredo Avenue in Fort Myers, FL. The property was recently acquired by IGL and secured through the efforts of Adam Bornhorst, SIOR. The site offers strategic access and ample space for the tenant’s operations.
LEASED: Criterion Group LLC (Another One!) has leased 450 & 500 Creek Road in Delanco, NJ, to Carvana. The transaction was handled by Sean Duncan, Jason Barton, SIOR, Torsten Thaler, and the Cushman & Wakefield team. The site provides significant space for Carvana’s operations.
ON THE MARKET
For Lease
FOR LEASE: 56–58R Pulaski Street in Peabody, MA is now available for lease. The 13.4-acre industrial site includes 11,700 SF of building space, offering rare scale and functionality for IOS users in New England. Leasing is being handled by Stephen Flynn and Matty Drouillard of The Stubblebine Company. Reach out directly for more info.
RECS
Transportation Facilities On the Market
CBRE’s John Planeta, a veteran of over 2,000 global supply chain transactions, was tapped to lead the $700 million court-ordered sale of 47 transportation facilities after their operators went into receivership.
Your Go-To IOS Resources:
Start with our guide: What is Industrial Outdoor Storage?
Check Out Our Underwriting Model: Underwrite IOS in Under 2 Min — No Spreadsheet Required
Disclaimer: The authors of IOS YardDogs are not finance or tax experts. We love big yards, small buildings. This email is for educational uses and is not financial / investment advice. Please conduct independent research and consult with industry professionals before making financial or investment decisions. Our content, which may contain affiliate links, is subjective and not to be used as the only basis for such decisions. We are not responsible for any losses from relying on this information.