YardDogs -
We’re highlighting the top industrial outdoor storage (IOS) leases and sales every week and in this edition, we cover transactions in Arizona, Texas and more.
In today’s email:
Transactions: Acquisitions in AZ, TX, OR, CA, PA, AL! Plus lease signed in CT.
On The Market: Property available for lease in Peabody, MA.
Recs: Underwriting an IOS deal? Check out our new IOS Underwriting Model — built to help you analyze deals in minutes (no spreadsheet required).
CLOSED TRANSACTIONS
Acquisitions & Dispositions
ACQUISITION: R&G represented the seller in the disposition of a ±10,160 SF industrial office/warehouse at 1912 W Parkside Ln in Phoenix, AZ (Deer Valley). The 1.60-acre site sold for $4,100,000, or approximately $403 PSF. The deal was brokered by Jack Hansen, Max Schumacher, SIOR, and Patrick Sheehan.
ACQUISITION: Triten Real Estate Partners acquired a 4-property, fully leased light industrial portfolio totaling nearly 500,000 SF across Houston’s Northwest and East submarkets. The infill assets feature smaller-than-average suite sizes, immediate scale, and proximity to major freight corridors. The off-market transaction was led by Will Hedges and Keith Gabrielson, with support from Trent Agnew and the JLL team.
ACQUISITION: Outpost acquired a 18.3-acre truck terminal at 110 N Marine Drive in Portland, their first in the Pacific Northwest. The property includes 34,000+ SF of shop and office space, 16 drive-through bays, 4 dock-high doors, and a dedicated truck scale. Located in IG2 zoning near major freight corridors, the site is fully paved, lit, and fenced for secure truck and trailer parking.
ACQUISITION: First Industrial Realty Trust acquired a fully leased industrial outdoor storage site at 415 Aldo Ave & 420 Nelo St in Santa Clara, CA. The low-coverage infill asset offers strong functionality and connectivity in the heart of Silicon Valley. Ray Devlin of Colliers represented the buyer, while Mark Biagini of Biagini Properties represented the sellers.
ACQUISITION: Wharton Equity Partners acquired a 84,000 SF rail-served industrial facility at 250 Canal Rd in Fairless Hills, PA. The 4.58-acre site includes 9 loading docks, 21’–25’ clear heights, and an 8,300 SF office component. Binswanger is marketing the property for lease, with direct access to SMS Rail Lines and Class I connections via NS and CSX.
ACQUISITION: Alterra IOS acquired 9018 & 9037 Weaver Ave NE in Leeds, AL, totaling 8.42 usable acres and 10,252 SF of building improvements. The site offers immediate access to I-20 and is fully leased to a national tenant. The transaction was led by E. Liam Loftus with support from Jake Bottcher of JH Berry.
LEASES SIGNED
Recently Leased Properties
LEASED: Enstructure has leased the industrial facility at 100 Wheeler Street in New Haven, CT. The transaction was facilitated with assistance from CBRE. Criterion Group shared the update.
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
Underwriting Model
Underwrite deals in under 5 minutes — check it out here: IOS Underwriting Model
New to IOS?
Start with our guide: What is Industrial Outdoor Storage?
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.