YardDogs -
We’re highlighting the top industrial outdoor storage (IOS) leases and sales every week, and this edition covers transactions in Washington, South Carolina, Minnesota, Colorado and more. Enjoy the long weekend — we’ll be back in your inbox Tuesday after Labor Day.
In today’s email:
Transactions: Acquisitions in WA, CA, MN, FL, SC, CO, OH! Plus leases signed in SC and ID.
On the Market: Site for lease at 2459 84th Ave in Zeeland, MI is a 4,641 SF industrial building on ~3 acres with outdoor storage/parking, a rare small IOS opportunity in high-demand West Michigan.
Recs: Check out Avison Young’s Q2 Industrial Market Report
CLOSED TRANSACTIONS
Acquisitions & Dispositions
ACQUISITION: Kidder Mathews brokers Mike Newton, Matt Murray, SIOR , Dane Dahline, SIOR, and Travis Stanaway represented Alterra IOS in the acquisition of an 18-acre industrial outdoor storage (IOS) assemblage in Tacoma, Washington.
ACQUISITION: Fountain Real Estate Capital acquired 3236 California St in Northeast Minneapolis, an 86,612 SF fully leased industrial asset. Congrats to the Fountain Real Estate Capital Team and the JLL team on this one!
ACQUISITION: Jadian IOS closed on a 7-acre industrial outdoor storage facility at 951 SW 12th Ave in Pompano Beach, FL. The site features an 8,000 SF office with three dock-high doors and offers strategic infill access just off I-95, minutes from Fort Lauderdale and Palm Beach airports. The deal was led by Matt Perlmutter, Alex Stahl, Sara Swift, and Daniel Schuchinsky.
ACQUISITION: A 13,775 SF IOS property on 4.20 acres at 3430 Buffalo Ave in North Charleston, SC has sold. The site, brokered by Jon-Michael Brock and Alex Whittemore of APEX | Lee & Associates, sits in a prime infill location with plans to redevelop the rear portion into a dedicated IOS facility. The transaction underscores the continued demand for flex and IOS assets across the Southeast.
ACQUISITION: Denver Infill Specialists closed the sale of 5101 Columbine St, a 6,800 SF industrial building on 1.56 acres in Denver, CO, for $2.25M. The transaction, led by Jack Gitlin with Sam Leger and Graham Trotter, included a brand-new lease signed at closing, providing immediate income and long-term value.
ACQUISITION: A 4,140 SF industrial facility on 1.85 acres at 8999 & 9005 Kilby Rd in Harrison, OH has sold. The site includes a 3,128 SF clear span warehouse, 1,012 SF office, and surplus land for outdoor storage or expansion, with excellent access to I-74. The transaction highlights continued demand for flexible IOS assets in the Greater Cincinnati region.
LEASES SIGNED
Recently Leased Properties
LEASED: PODS has leased a 15-acre IOS yard at 7915 Valley Falls Rd in Spartanburg, SC, to support operations in Upstate South Carolina. The deal was brokered by Jordan Skellie and the Lee & Associates Greenville/Spartanburg team, including Andrew Harrill, Joey Schirripa, Payton Drake, and Pamela Cocroft. This lease underscores the strong demand for well-located IOS facilities across the Carolinas.
LEASED: AT Industrial Co signed its first lease at 900 E Karcher Rd in Nampa, ID, securing a 38,310 SF warehouse on 25.27 acres. The site offers a rare 10.07 acres of paved and fenced IOS, plus 2 acres of yard space, alongside a modern facility with 12 dock doors, 25 grade-level doors, and clear heights up to 32’. The deal, brokered by Jake Miller, Harry Sawyer, and Scott Ketilnski of CBRE, reflects strong demand for IOS in the Treasure Valley market.
ON THE MARKET
For Lease
FOR LEASE: 2459 84th Ave in Zeeland, MI offers a 4,641 SF industrial building with outdoor storage/parking on ~3AC. Located in high-demand West Michigan, this site is ideal for tenants needing a small industrial facility with hard-to-find IOS capacity. Contact Jordan Wenzel (616.206.7658) for details.
RECS
Denver Industrial Market Report
Your Go-To IOS Resources:
Start with our guide: What is Industrial Outdoor Storage?
IOS 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.