In today’s email:
Transactions: Deals in TX, MO, SC, GA. Leases signed in IL.
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CLOSED TRANSACTIONS
Acquisitions / Dispositions / Financings
ACQUISITION: A sale-leaseback transaction was completed for an industrial outdoor storage property at 1505 Porter Rd in Conroe, TX. The property includes an approximately 60,000-square-foot industrial facility situated on ±11.52 acres with substantial outdoor storage space. Carlton R. Anderson, Nathan Mai, and JoAnn Vu of Mohr Partners facilitated the transaction.
ACQUISITION: Alterra IOS acquired an industrial outdoor storage property at 10057 Hicks Field Drive in Fort Worth, TX. The site features 3.0 usable acres and 10,800 square feet of building improvements with proximity to Interstate 35W and US Route 287. Jeff Jackson of NAI Robert Lynn facilitated the transaction.
ACQUISITION: Hampton Partners acquired a fully leased 6.32-acre industrial property at 1700 Old 210 Hwy in Liberty, MO. The off-market property is fully leased to a single user. Scott Bluhm and Hugh Riley facilitated the transaction.
DISPOSITION: A ±6.80-acre industrial outdoor storage property at 472 Long Point Road in Mount Pleasant, SC, was sold. The site is located less than a mile from the Wando Welch Port Terminal. Jon-Michael Brock, Alex Whittemore, and Dillon Claffey of Colliers represented the seller in the transaction.
DISPOSITION: An industrial outdoor storage property in Conyers, GA, was sold. The property generated numerous offers during the marketing process and is located along the I-20 East corridor. Noam Raz, Thomas Wilkinson, and Harrison Auerbach of Matthews Real Estate Investment Services facilitated the transaction.
CLOSED LEASES
Leased
LEASED: An 8,000-square-foot truck repair facility at 11135 W 189th Pl in Mokena, IL, was leased. The industrial facility includes a 500-square-foot office space, a 500-square-foot mezzanine, five 14-foot drive-in doors, and parking for up to 25 trailers. The site provides access to Interstate 80, Interstate 57, and Interstate 355. Vito Sruoga of RE/MAX Millennium Commercial Group represented the landlord in the transaction.
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