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We’re highlighting the top industrial outdoor storage (IOS) leases and sales every week and in this edition, we cover transactions in Illinois, Florida, Oklahoma and more.

In today’s email:

  • Transactions: Acquisitions in NJ, IL, FL (3), TX, OK (3), GA. 3 leases signed.

  • Recs: European IOS see rents surge 36% in two years

CLOSED TRANSACTIONS
Acquisitions & Dispositions

ACQUISITION: Deugen Investment Group acquired a 16.1-acre industrial outdoor storage property at 22 Brickyard Road in Cranbury, NJ, strategically located at Exit 8A of the New Jersey Turnpike. The site includes two warehouses totaling over 23,000 SF and offers prime outdoor storage capacity in one of New Jersey’s most supply-constrained industrial markets. Financing was provided by BEB Capital, with Curran Commercial handling leasing (still available for lease!), and the property’s location offers direct access to key transportation routes serving NYC and Philadelphia.

ACQUISITION: B+E Net Lease closed the sale of a 10-acre industrial outdoor storage site at 17805 Volbrecht Rd in Lansing, IL, fully leased to Keller Group. The asset attracted strong interest, with multiple offers received in the first week of marketing. Reach out to William Brooks for more information.

ACQUISITION: B&D Holdings 3 bagger — acquired three Florida IOS properties: a 22,500 SF building on 3.1 acres in Tallahassee, a 68,000 SF property on 13.5 acres in Sarasota, and a 19,000 SF facility on 2.1 acres in Rockledge. Each site offers functional layouts with outdoor storage options and strong tenant retention potential. The company highlighted the deals as part of ongoing demand for leasable IOS space across Florida.

ACQUISITION: Titan Commercial announced the sale of a 17,200 SF industrial property on 5.05 acres at 1310 Spears Road in Houston, TX. Axis Partners purchased the site, with Titan Commercial’s Jared Gillespie and Peyton Easley representing the buyer. The property offers strong operational advantages in Houston’s industrial market, and tip of the cap to Bo Ricks for his role in completing the transaction.

ACQUISITION: Hampton Partners completed its first IOS acquisition in Oklahoma, securing a property that will be home to Knight Fire Specialists. The firm highlighted its collaboration with Tyler Huxley, SIOR, and expressed excitement about supporting the tenant’s continued growth. This marks Hampton Partners’ entry into the Oklahoma IOS market.

ACQUISITION: Northmarq announced the closing of a 70,000 SF industrial property on 9.88 acres in Pryor, OK’s MidAmerica Industrial Park, leased long-term to Endot Industries. The site includes manufacturing space, outdoor storage with rail access, and was secured through a competitive process with multiple offers. The deal closed quickly, with financing backed by Fortress Investment Group, highlighting strong investor demand for IOS-linked assets.

ACQUISITION: K2 Real Estate Capital, in partnership with Bear Development Holdings, acquired an IOS property at 2710 S Combee Road in Lakeland, FL. The 1.65-acre site includes a 5,600 SF warehouse/office, electronic gated access, crushed concrete yard, and significant power capacity for logistics and fleet operations. Located just off SR-98 with access to I-4, the property serves both the local and Central Florida regions, with leasing managed by Lober Real Estate.

ACQUISITION: Panther Capital Group closed on a 4.5-acre IOS property at 3755 Maine Ave in Lakeland, FL, featuring GI zoning and over 5,000 SF of improvements. The site offers flexibility for logistics, transportation, and industrial users in a fast-growing Florida corridor. Alterra Property Group acquired the asset, with Lober Real Estate handling leasing, and Panther Capital highlighting its role in structuring and executing the deal.

ACQUISITION: Elmwood & Co. arranged a trailer and container storage agreement at 2811 US Highway 80 in Garden City, GA, between G&D Integrated and Barsan Global Logistics. Zachary Zakas facilitated the deal, representing both parties. Elmwood & Co. emphasized its market intelligence and local relationships in Savannah’s growing industrial outdoor storage sector.

DISPOSITION: TruCore Industrial announced the sale of a 70,000 SF warehouse/manufacturing facility at Mid-America Industrial Park in Oklahoma, fully leased to Endot Industries for nearly 20 years. The transaction included a long-term lease extension, boosting stability for tenants and returns for investors. TruCore highlighted its strategy of repositioning industrial assets while creating lasting value for both occupiers and investors.

LEASES SIGNED
Recently Leased Properties

LEASED: IOV leased its 30,314 SF maintenance facility and office on 5.73 acres in Roselle, IL, to National Trench Safety, a trench and safety solutions provider. The property recently underwent upgrades including LED lighting, fresh paint, seal coat/restriping of the lot, landscaping, and improved exteriors. Cawley CRE represented IOV, while Legacy Capital Ventures represented the tenant, ensuring a smooth lease transaction.

LEASED: A 238,317 SF newly built truckyard with Port access and concrete pavement has been leased, along with a 34,000 SF warehouse featuring 19 docks. David Fults and Brian McLoughlin of Voit Real Estate Services, along with Ed Whittemore of LAREM Inc., represented the landlord.

LEASED: McNeill Stout announced the lease of a 1.55-acre trailer lot at 1554 JP Hennessy Dr. in La Vergne, TN. The property includes a 1,300 SF office building along with a fenced and graveled lot, offering easy access to I-24. The deal was finalized by the Charles Hawkins Co. team, including Robert Stout, Kevin Irwin, Sam Still, and McNeill Stout.

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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.