Industrial Outdoor Storage Deals - February 26, 2026

BUYOUT: Stockbridge’s Niche Logistics Fund completed the buyout of a 10% joint venture interest in a 58-property industrial outdoor storage portfolio, implying a total valuation of nearly $900 million. The portfolio spans 18 major U.S. markets and includes approximately 644 acres and 1.6 million square feet of building space, forming part of Stockbridge’s broader 128-property IOS platform.

ACQUISITION: Jeff Hays, Samuel Rutledge and Mark Williams closed the sale of a U.S. LBM industrial investment property in Tucson, AZ, through a Preferred Real Estate Brokers Exclusive Listing. The asset traded $400,000 above the highest institutional offer, driven by coordinated broker collaboration and targeted marketing. The sellers were exclusively represented by PRB, marking their second successful exit and reinforcing continued demand for industrial assets with outdoor storage.

ACQUISITION: 2312 US-92 in Plant City (Tampa Bay) has closed, totaling 6.5 acres of heavy industrial land. The property went under contract in less than two weeks, reflecting strong demand for properly zoned and well-priced industrial outdoor storage sites in Central Florida. The $2.7 million sale highlights continued investor appetite for functional industrial land in high-growth logistics corridors.

ACQUISITION: 2365 Ali Baba Avenue in Opa-Locka traded for $11,000,000, totaling 23,000 SF on 4.13 acres ($478 PSF). The industrial asset reflects continued investor demand in Miami’s infill industrial market, particularly for properties with outdoor storage functionality. The transaction was brokered by Jose Sasson and Roberto Susi of Axiom Capital Advisors.

ACQUISITION: This industrial property closed for $550,000 in January 2026, totaling 5,000 SF on 0.58 acres. The asset was acquired by an investment group, reflecting continued demand for industrial sites with yard components. The transaction was brokered by Tom McGee of Lee & Associates Baton Rouge.

ACQUISITION: 1595 Pioneer Road in Salt Lake City, UT has sold, totaling 39,981 SF on 4.91 acres in the Northwest submarket. The fully leased manufacturing facility offers stable income, long-term tenancy, and strong access near I-80 and I-215, less than six miles from Salt Lake City International Airport. The transaction underscores continued investor demand for industrial assets with outdoor storage functionality in prime logistics corridors.

ACQUISITION: Knight-Swift Transportation, through its affiliate AAA Cooper Transportation, has acquired a 24-acre former FedEx distribution facility in Phoenix, expanding its footprint in the Southwest logistics market. The trucking giant purchased the site from EQT, signaling continued investment in strategic terminal and freight infrastructure. This acquisition reflects broader industry demand for well-located industrial assets that support regional distribution and transportation operations.

ACQUISITION: Jadian IOS acquired a 3.8-acre industrial service facility at 2117 E River Street in Tacoma, WA, totaling 10,000 SF. Located within the Port of Tacoma district with access to all port terminals, the site offers strong connectivity just one mile from I-5 and 25 minutes from Seattle-Tacoma International Airport. The property includes a 10,000 SF covered canopy on a semi-paved yard, reinforcing continued demand for port-proximate industrial outdoor storage assets.

ACQUISITION: Open Industrial acquired a 3.3-acre industrial outdoor storage property at 4235 N Blackstock Road in Spartanburg, SC. The fully leased 10,700 SF site offers direct access to I-85 and I-26, providing strong connectivity across the Upstate and into major Southeast logistics corridors. The acquisition reflects continued demand from contractors and service-oriented users for well-located IOS assets in growing secondary markets.

ACQUISITION: Hight Knox Properties, LLC closed on the acquisition of 2820 Cargo Street in Fort Myers, FL, comprising three buildings totaling approximately 68,500 SF on 10.7 acres of heavy industrial-zoned land. The property offers a functional layout with significant yard space, supporting a range of outdoor storage and industrial service uses.

FOR SALE: This anchored industrial portfolio in Casper, Wyoming spans 39.05 total acres and 94,030 SF across multiple properties, offered at a total price of $13,063,500. The offering includes four leased assets at an 8.25% cap rate, two vacant value-add buildings, and 20.05 acres of additional land for development within a long-standing industrial park. Anchored by GMS and Centurion affiliates, the portfolio features functional industrial buildings with outdoor storage, crane-served facilities, and direct access to I-25 in Wyoming’s primary energy and logistics hub. Reach out to Mark Williams for more info.

FOR LEASE: 6110 Chippewa Drive in Dallas, TX is a 2.3-acre industrial outdoor storage (IOS) property improved with a 7,082-square-foot service facility, including approximately 600 SF of office. The site features a stabilized yard with concrete and asphalt millings, three 14’ grade-level overhead doors, 14’ clear height, and a drive-through bay with wash bay (sand pit). The property is equipped with a diesel fuel tank, oil tank, and air and oil lines, and offers three points of ingress/egress for efficient truck circulation. Fully fenced and gated, the asset supports equipment storage, fleet operations, and industrial service users in a supply-constrained West Dallas infill submarket. Lease rate is $24,500 per month NNN. Contact Martin Grossman and David Guinn for more information or to schedule a tour.

FOR SALE: 11100 Highway 225 is a 22.8-acre industrial outdoor storage opportunity in La Porte, TX, featuring approximately 14.9 acres of stabilized yard with heavy crushed rock, concrete landing strips, and chip seal surfacing for dust control. The property includes a 12,225 SF grade-level warehouse, a 7,133 SF standalone office building, is fully fenced, gated, and lighted, and offers 6.43 acres of additional land for future expansion. Located just 1.6 miles from the Hwy 225 and Hwy 146 interchange and minutes from the Port of Houston’s Barbours Cut and Bayport terminals, the site provides premier access for port, petrochemical, and logistics users. Reach out to Coe Parker for more info.

FOR SALE OR LEASE: 3770 Joliet Street in Denver, CO is a 24,837 SF industrial building situated on 4.25 acres and offered for sale or lease. The property features approximately 2.6 acres of fenced and paved yard, 16’ clear height, heavy 1,600 amp / 480 volt power, one dock door, and two drive-in doors. With I-B zoning, direct access to I-70, and a Union Pacific rail spur on-site, the asset offers a highly functional industrial service or outdoor storage opportunity in a prime infill Denver location. Reach out to James McGill and Chris Schultz for more information.

IOS Underwriting Model (Free)

Link to All Market Monday Reports

📢 LIST YOUR PROPERTIES Reach 5,200+ IOS investors, operators, and industry professionals in our engaged community.

Property Listings (For Sale or Lease) – Submit Here

Get your property in front of qualified buyers and tenants actively searching for Industrial Outdoor Storage opportunities.

📰 SHARE YOUR COMPANY NEWS Got industry news to share? Email us at [email protected] with your company updates and announcements.