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We’re highlighting the top industrial outdoor storage (IOS) leases and sales every week, and this edition covers transactions in Texas, Missouri, Illinois and more.

In today’s email:

  • Transactions: Acquisitions in TX (2), MO, IL, NJ! Plus leases signed in TX.

  • On the Market: Site for lease at 2459 84th Ave in Zeeland, MI is a 4,641 SF industrial building on ~3 acres with outdoor storage/parking, a rare small IOS opportunity in high-demand West Michigan.

  • Recs: Zenith completed a 10-acre IOS development site in Denver.

CLOSED TRANSACTIONS
Acquisitions / Dispositions / Financings

ACQUISITION: Matador acquired 2454 Glenda Lane in Dallas, TX, a fully occupied 15,100 SF building on 1.35 acres with 0.64 acres of secured yard space. The property features seven roll-up doors and 14–20’ clear heights, making it well-suited for standalone IOS functionality. Located in the supply-constrained E. Hines Submarket, the acquisition strengthens Matador’s portfolio with a high-demand, long-term asset.

ACQUISITION: Alluvion Partners acquired a 6,160 SF warehouse on 1.38 acres at 361 North Drive in the St. Louis MSA. The property is positioned for outdoor storage users and is undergoing renovations to be ready for immediate occupancy. This off-market deal adds another small-format, low-coverage IOS asset to Alluvion’s growing portfolio in the region.

ACQUISITION: 9329 Bernice Avenue in Schiller Park, IL, a 13,634 SF facility on 1.9 acres with multiple repair bays, heavy power, and secured yard space was acquired. The property offers immediate access to I-294 and O’Hare’s cargo entrance, making it a prime logistics location. This acquisition supports the buyer’s fleet needs and strengthens their presence in one of the Midwest’s most in-demand logistics corridors.

ACQUISITION: Harbor Capital sold 3621 and 3631 Shelby Lane in Denton, TX, with 28,600 SF of facility space. The buildings feature grade-level loading, flexible layouts, and secured yard space, supporting strong demand from service and light distribution tenants. The sale was part of Harbor’s broader Corbin Road Business Park strategy, capturing value through selective dispositions of functional industrial assets.

FINANCING: Owemanco funded a $2 million first mortgage loan secured by a 1.28-acre land parcel in North Bergen, NJ, improved with three industrial structures totaling 9,826 SF.

LEASES SIGNED
Recently Leased Properties

LEASED: First Houston Properties leased 20,600 SF on 3.5 acres at 13253 Evolution Loop in Laredo, TX. The deal highlights strong tenant demand and limited IOS supply in the market, driving top-of-market lease terms. Congrats to Juan, James and Patrick on getting this one done!

ON THE MARKET
For Lease

FOR LEASE: 2459 84th Ave in Zeeland, MI offers a 4,641 SF industrial building with outdoor storage/parking on ~3AC. Located in high-demand West Michigan, this site is ideal for tenants needing a small industrial facility with hard-to-find IOS capacity. Contact Jordan Wenzel (616.206.7658) for details.

RECS
Zenith Development

Zenith completed a 10-acre IOS development site in Denver.

Your Go-To IOS Resources:

Start with our guide: What is Industrial Outdoor Storage?

IOS Underwriting Model: Underwrite IOS in Under 2 Min — No Spreadsheet Required

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.