YardDogs -
In today’s email:
Transactions: Acquisitions in CO, TX, CA and VA. Lease signed in NJ.
On the Market: 4 new listings
Recs: Beyond the Warehouse: IOS emerges as Chicago’s most competitive industrial asset
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CLOSED TRANSACTIONS
Acquisitions / Dispositions
ACQUISITION: Bespoke Holdings Company acquired 2265 Wyanoka Rd. in Colorado Springs, a 3.58-acre industrial site with a 24,480-square-foot building, dock-high loading, and a full acre of dedicated outdoor storage. BHC plans a comprehensive capital improvement program focused on expanding outdoor storage capacity, updating interiors, and enhancing site functionality to attract high-value users.
ACQUISITION: Steel Peak sold its 1.53-acre industrial outdoor storage property at 1360 North Magnolia Avenue in El Cajon, CA for $7.4 million, after acquiring it in April 2023 for $5.4 million and securing a long-term lease with Sunstate Equipment Rentals. The fully leased, low-coverage IOS asset—featuring a 16,634-square-foot building, secured yard, and M-54 zoning—drew strong investor interest amid San Diego’s extreme supply constraints and rising IOS rental rates. Congrats to Kurtis Blanchard, Thomas Ladt, and Evan McDonald at Colliers on the sale.
Want more on San Diego? Check out our SD Market Report featuring the Colliers team above.
ACQUISITION: Dalfen Industrial acquired two strategically located IOS properties at 9773 Harry Hines Blvd and 2959 Irving Blvd in Dallas, expanding its footprint in one of the nation’s strongest logistics markets. The sites total 16.23 acres and include 48,007 square feet of functional building space, with direct access to I-35E and Irving Blvd and zoning within the Industrial/Research (IR) district.
ACQUISITION: JLL has closed the sale of a two-property IOS portfolio totaling roughly 67,000 square feet across 11.5 acres along Colorado’s Front Range. Both single-tenant assets were fully leased at the time of sale and carried an average remaining lease term of 7.5 years, underscoring strong tenant commitment and stability.
ACQUISITION: 115 May Dr. in Harrison, OH sold for $1,590,000 and features a 14,790 SF industrial building on 3.22 acres with 15' clear height and a fully insulated pre-engineered metal structure. The property includes 12,000 SF of warehouse space, 2,790 SF of office, five drive-in doors, one dock, heavy power (480V, 3-phase), and LED lighting. Located minutes from I-74, it offers ample parking, natural gas heat, and M-1 zoning within the City of Harrison. Congrats to the SqFt Commercial Team on getting this done!
Read more about the Cincy market here
FINANCING: Wintrust has recapitalized a fully leased, three-property industrial outdoor storage portfolio totaling 16.7 acres in San Bernardino, CA, within the Inland Empire market. The stabilized sites are 100% leased and strategically located in one of the country's most supply-constrained and in-demand logistics regions.
ACQUISITION: Weber Rector announced the $2.37 million sale of a 2.198-acre industrial parcel in Manassas, VA. The property is zoned I-1 Heavy Industrial, includes road frontage, and is positioned for a range of industrial or IOS uses. Chuck Rector represented the buyer and Coleman Rector represented the seller in the transaction.
LEASES SIGNED
Recently Leased Properties
LEASED: A transportation and freight operator, Jaz Logistics LLC, has leased 2,500 square feet at 60 Old Camplain Road in Hillsborough following a full renovation of the industrial property. The 1.02-acre site includes outdoor storage space, which was a key factor in the deal as the company expands its Northeast operations. Deluccia Commercial Group arranged the five-year lease, representing both the landlord and tenant.
ON THE MARKET
For Sale / For Lease Listings
10107 Portland Ave E Tacoma (Seattle), WA 98445
FOR SALE: A stabilized dispatch and storage yard in Tacoma (Seattle), WA leased to a leading security fencing company on a net lease basis with 3.5% annual increases. The Property benefits from its grandfathered zoning rights allowing for graveled outdoor storage – which would not be permitted for new zoning allowances in Pierce County. Recreating this today, within the updated regulations, would incur an estimated $600K–$700K in additional development costs. The list price is $3,320,000. Please reach out to Mark Grossman and Jeff Hughes at Northmarq for more information!
Property Landing Page: Link
FOR SALE OR LEASE: New construction truck maintenance facility available for sale ($3.9M) or lease ($25K/mo NNN) in Mooresville, Indiana. The 8,500 SF building sits on 5 acres with 110 trailer parking spaces, eight 12'x14' drive-in doors, and 400 amps of power. Located in Innovation Park 67 with strong highway access to I-69, I-70, and I-465. Reach out to Adam Stephenson and Mitchell Ayers for more info.
FOR LEASE: Strategically positioned just off I-675, this 7.23-acre site offers a rare industrial outdoor storage opportunity within one of South Atlanta’s most active logistics corridors. The property includes a versatile 2,600 SF building suited for shop, service, or fleet maintenance needs. Surrounded by major operators such as FleetPride, Herc Rentals, and R+L Carriers, the location benefits from built-in industrial synergy and strong traffic patterns. With exceptional accessibility, prominent visibility, and ample room for future expansion, 3082 Ellenwood Rd is an ideal fit for IOS users seeking functional space in a high-demand submarket.
To view more about this property please visit the LoopNet Listing
See more of Ironhorn’s available properties on LoopNet
FOR LEASE: This 16.8-acre heavy industrial outdoor storage site in San Antonio's established I-10 East corridor offers divisible yard space from 4-16 acres with 2026 delivery. The fully improved property features heavy-duty paving with geogrid reinforcement, LED site lighting, controlled access with guard booth, and build-to-suit warehouse/office options. Ideal for fleet operators, logistics providers, and equipment-intensive users seeking proximity to I-10, Loop 410, and Hwy 35. Reach out to Colten Courtney and Andrew Alizzi for more info.
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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.