Industrial Outdoor Storage Deals - July 10, 2025

ACQUISITION: Alterra IOS recently acquired 530 Farragut Street in Greensboro, NC. The site features 3.88 usable acres with a 4,500 SF maintenance building. The property is adjacent to I-40, proximate to I-85, and fully leased to a national tenant. Gavin Weaver led this acquisition for Alterra and Ben Sturgill of NAI Piedmont Triad assisted with the transaction.

ACQUISITION: Miramar Capital Advisors closed on the acquisition of a 15+ usable acre IOS property in Conley, GA. The site is a recently-delivered, fully-paved parking facility in Atlanta's premier Moreland Ave industrial corridor, surrounded by global transportation & logistics users including FedEx, ABF Freight, Werner Enterprises, and XPO Logistics. The property is currently fully occupied by a credit tenant. Tom Shafer, Chase Mathews, and Stephen Bridges, SIOR with OnPace Partners guided the process!

ACQUISITION: Entre Commercial Realty announced the sale of an outdoor storage and truck maintenance facility located at 1201 W. Washington Street in West Chicago, Illinois. The 11,185-square-foot building sits on 5.5 acres and offers ample yard space for outdoor storage and operational flexibility. Brad Bullington of Entre Commercial Realty represented the seller in this transaction.

ACQUISITION: Realterm acquired 6330 Basehore Road located in Mechanicsburg, PA. The 8.1-acre industrial outdoor storage (IOS) facility features a 6,960-square-foot maintenance shop with four maintenance bays, a fuel island and two points of ingress and egress. The property is fully leased to Ryder Truck Rental. Jennifer Stein of JDS Real Estate Services, Inc. referred by Roberto Susi & Jose Sasson Lerner of Axiom Capital Advisors facilitated the transaction and represented the buyer. Joe Noon and Arnie Capute led the investment for Realterm.

ACQUISITION: Bricktop Capital acquired 1085, 1100, & 1300 Jarvis Road in Saginaw, TX. The transaction includes 60 acres and 10,000 SF of mission-critical industrial outdoor storage assets fully leased to national operators. Situated in an infill heavy industrial corridor with potential to add rail service, these assets offer a rare combination of scale and functionality. Davidson Bogel identified this off-market opportunity and the Davidson and Bogel team included David Guinn, SIOR, Martin K. Grossman, Cameron Deptula, and Austin Russell. 

FINANCING: Justin Horowitz of Cooper Horowitz recently facilitated the closing of a $150,000,000 IOS portfolio financing with the Triten Real Estate Partners & TPG Angelo Gordon teams.

LEASED: 12406 Rock Hill-Pineville Rd in the Westinghouse submarket of Charlotte was recently leased off-market. Bradley Dunn at Trinity Partners represented Catalyst Investment Partners and Yellowstone Landscape executed a long-term lease on the 2.25 acre site with occupancy beginning in 2026 as the site is still fully leased through 2025. Drew Miles, Adrian Golec, Brandon Johnson, and Asa Candler VII were all involved in getting this one done!

LEASED: CEUSTERS Industrial Agency has facilitated the long-term lease of a 23,352 m² semi-industrial site at Kreek 31-33 in Kieldrecht, near the Port of Antwerp. The site — including 7,574 m² of warehouses and office space, combined with outdoor storage — has been leased for 10 years to DEPOT 320, a venture by MBG and VAN LAERE. Its strategic location and flexibility make it an ideal base for their ongoing operations.

Start with our guide: What is Industrial Outdoor Storage?