In today’s email:
Transactions: Deals in MN, TX, IL, CO, FL, NJ, MD, CA, OH. Leases signed in AZ, FL, IN.
On The Market: 1 IOS Listing
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CLOSED TRANSACTIONS
Acquisitions / Dispositions / Financings

ACQUISITION: Westside Center, an industrial and commercial workspace property at 5320 23rd Street W in St. Louis Park, MN, was sold. The property is 97% leased to a tenant roster that includes freezer, cooler, and outdoor storage users. The industrial campus incorporates traditional warehousing, freezer/cooler space, and outdoor storage. Judd Welliver, Zach Graham, Ryan Bain, Joe Horrigan, Kailey Boyd, and Victoria Gomez of CBRE facilitated the transaction.

DISPOSITION: A ±34,261-square-foot industrial warehouse facility on ±4.95 acres at 9565 Plaza Circle in El Paso, TX, was sold. The fully secured site offers outdoor storage and yard space, 26'–28' clear heights, 5 dock doors, and one grade-level ramp. The property is located near the Zaragoza border crossing with access to Interstate 10. Angel Cazares of KW Commercial facilitated the transaction.

ACQUISITION: Alterra IOS acquired a fully leased industrial outdoor storage property at 339 Seale Road in San Antonio, TX. The site features 1.8 usable acres and 9,961 SF of building improvements, with access near Interstate 10 and Interstate 410. The transaction marks the firm's 22nd acquisition in the San Antonio MSA. Bo Ricks, Gavin Weaver, and Liz Scott of Alterra IOS led the transaction, and Will Bost of Spur Commercial facilitated the deal.

ACQUISITION: NW1 Partners acquired an eight-property industrial outdoor storage and truck parking portfolio in the Chicago area from Transport Properties for $74.1 million. The portfolio includes a 29.5-acre yard at 3000 East 106th Street that was acquired for $23.1 million. Additional portfolio sites are located in Des Plaines, Westmont, Lemont, Joliet, Mokena, and Rockdale, IL.

DISPOSITION: A ±20,448-square-foot industrial outdoor storage site on ±2.01 acres at 1335 Ford St in Colorado Springs, CO, was acquired by an owner-operator. The property features I-2 zoning and was originally brought to market for lease before receiving an acquisition offer. Spencer Mason, Jack Kuzio, and Brayden Conner of Matthews Real Estate Investment Services represented the seller, while Jared May and Dawson Carper of CBRE represented the buyer in the transaction.

DISPOSITION: A 3,500-square-foot industrial outdoor storage facility on 1.95 acres at 8315 Congress St in Port Richey, FL, sold for $1.2 million. The vacant property features a large yard suited for outdoor storage and was acquired by an owner-user for its own operations. James Defusto, Darpan Patel, and Dan Yozwiak of Marcus & Millichap represented the seller in the transaction.

ACQUISITION: Outpost acquired a 14.9-acre two-property industrial outdoor storage portfolio at 2120 McCarter Highway in Newark and 76 Central Avenue in Kearny, NJ, for $68.5 million. The portfolio consists of a 7-acre site in Newark with capacity for 198 containers and 25 tractors, and an 8-acre site in Kearny with space for 212 containers, 70 tractors, and 66 trailers. Meadow Partners and Criterion Group were the sellers in the transaction. Outpost plans to operate both yards for trucking, container, and logistics users near Port Newark-Elizabeth. Jordan Avanzato, Christopher Todd, and William Ericksen of NAI James E. Hanson represented the sellers in the transaction.

FINANCING: Symetra Life Insurance Co. provided a $10.1 million cash-out refinancing loan secured by a four-property industrial portfolio in Clifton and Newton, NJ. The portfolio totals nearly 47,000 square feet of warehouse and industrial outdoor storage space, including 310-316 Colfax Ave. in Clifton and 80 Merriam Ave. in Newton. CBRE brokers represented the borrower, RMR Partners. CBRE represented the borrower in the transaction.

ACQUISITION: A fully leased ±9.26-acre industrial outdoor storage property at 8104 Lynhurst Road in Dundalk, MD, was acquired for $4.6 million. The property comprises two fully leased parcels zoned ML located off I-695 near the Port of Baltimore. The buyer subsequently exercised a right of first refusal to acquire the adjacent 2.27-acre parcel at 8100 Lynhurst Road featuring an 18,964-square-foot building, assembling a contiguous ±11.5-acre site. Matthew Antonis of Friend Commercial Real Estate represented the buyer in the transaction.

DISPOSITION: GFH Partners completed the $113 million sale of a 10-property U.S. industrial outdoor storage portfolio. The portfolio consists of ten assets across the Central U.S., including eight properties in the Chicago area, one in Lenexa, KS, and one in Wilmer, TX. The assets serve fleet parking, equipment storage, and logistics staging operations. The sale closed on October 22, 2026.

ACQUISITION: Sago Capital acquired a 167,291-square-foot, nine-building single-tenant industrial outdoor storage and manufacturing portfolio in Houston, TX, from Welcome Group. The portfolio includes properties located at 5048 Timber Creek Dr, 11245 Hwy 225, 8559 E North Belt, 4660 Brittmoore, 1434 Sens Rd, 325 Spring Hill, 14149 Interdrive, 11355 Hwy 225, and 11711 Fuqua St. Lance Young, Trent Agnew, Charlie Strauss, Dawson Hastings, Wally Reid, and James Lovell of JLL Capital Markets facilitated the transaction.

ACQUISITION: Grandview Partners acquired Elk Grove IOS, a 24.48-acre industrial outdoor storage facility at 10547 East Stockton Boulevard in Elk Grove, CA. The property includes 67,881 square feet of building space across 24.48 total acres, with 11.5 acres improved. Located approximately 15 miles south of Sacramento, the site features direct frontage on Highway 99 via East Stockton Boulevard.

DISPOSITION: A 13,000-square-foot industrial facility on 4.17 acres at 6886 Wishart St in Huntsville, OH, was sold. The property features warehouse and office space, along with hard-surface outdoor storage and access to markets throughout Western and Central Ohio. Tim Echemann facilitated the transaction.
CLOSED LEASES
Leased

LEASED: A 6,320-square-foot industrial warehouse on a 1.40-acre site featuring a 1-acre secured yard at 6880–6868 W Orangewood Ave in Glendale, AZ, was leased. The property includes M-1 industrial zoning, 18'-20' clear height, two roll-up doors, 400 amp 3-phase power, and an evaporatively cooled warehouse. The transaction involved a long-term NNN lease. Nick DePaul and Preston Brimhall of Basis Commercial Real Estate, along with Jaime Hernandez Jr., represented the landlord in the transaction.

LEASED: A ±6,500-square-foot freestanding industrial building on 2.5 acres at 4848 West Minnesota Street in Indianapolis, IN, was leased. The property features approximately 1,000 square feet of office space, five drive-in doors, clear-span warehouse space with heavy 3-phase power, LED lighting, and a fully fenced, lighted outdoor storage yard with electric fencing. Wade Wilson of SVN | Northern Commercial represented the landlord and Harjod Cheema of SVN | Northern Commercial represented the tenant in the transaction.
MARKET NEWS
On The Market

FOR LEASE: A ±4.5-usable-acre industrial outdoor storage yard at 7933 FM 1346 in San Antonio, TX, is available for lease. The site totals ±5.86 acres and is suited for contractor yard, fleet, equipment, trailer, and container storage operations. The turnkey property features a fully stabilized yard, an 8-foot wire mesh fence, a motorized gate, LED lighting, cameras, and access near IH-10 East. Contact Ben Seger ([email protected]), Andrew Alizzi ([email protected]) and Stan Nowak ([email protected]) for more information.
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