In today’s email:

  • Transactions: Deals in TX, FL, NV, CA, MI, PA. Leases signed in AZ, AR, CO.

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CLOSED TRANSACTIONS
Acquisitions / Dispositions / Financings

ACQUISITION: Jadian IOS acquired a 3.1-acre industrial service facility at 481 Texas Ave in Round Rock, TX. The site includes a 27,150-square-foot facility featuring 4,500 square feet of office space, one 16' x 14' drive-in door, and six dock-high loading positions. The property offers direct access to Interstate 35 and State Highway 130.

ACQUISITION: A 3.2-acre industrial outdoor storage property at 1377 Hammondville Road in Pompano Beach, FL, sold for $9.7 million. The site includes a ±2,500-square-foot office building and is fully paved, drained, and fenced with rolling gate security. It carries a special exception for outdoor storage in the Northwest Pompano industrial corridor, offering access to Interstate 95 and the Florida Turnpike via Andrews Avenue. Tom O'Loughlin, Larry Genet, and Michael Oretsky of CBRE represented the seller, while Sky Groden and Ken Morris of JLL represented the buyer in the transaction.

ACQUISITION: Clarion Partners, through CASF Florida IOS LLC, acquired a 4.31-acre industrial outdoor storage property at 4750 Laredo Avenue in Fort Myers, FL, for $6,693,408. The property includes an 8,440-square-foot building classified for warehousing and distribution use. It previously traded for $3,700,000 in August 2024.

ACQUISITION: Jadian IOS acquired a 13,837-square-foot industrial outdoor storage property at 5000 Judson Avenue in Las Vegas, NV, for $3,250,000. The seller was Tery Crwford. Michael Schoenbrun of ClearWood Capital facilitated the transaction.

FINANCING: B2 Bank provided a $750,000 senior permanent debt facility for an industrial outdoor storage property in the Southeast. The loan was originated by the B2 Commercial Finance Team. Chris Cucci of B2 Bank arranged the financing.

ACQUISITION: A 10.08-acre industrial outdoor storage property at 3517 & 3521 US Hwy 17-92 in Davenport, FL, was acquired. The site includes a 4,680-square-foot recently renovated warehouse building and was sold as a single-tenant leased asset after securing a long-term lease with the existing tenant. Orlando Industrial Real Estate represented the buyer, while Brian Hyser of The Agency Orlando represented the seller in the transaction.

FINANCING: Lake Forest Bank & Trust Company provided a $39.4 million loan to refinance an industrial outdoor storage property at 58-80 Borden Avenue in Maspeth, NY. The 146,583-square-foot site includes 26,619 square feet of building space and is leased to the New York City Fire Department. The borrower is Sitex Group, which acquired the property in 2021. The property is located adjacent to the Long Island Expressway. Jillian Mariutti and Alex Staikos of JLL arranged the financing.

ACQUISITION: Bridge Logistics Properties acquired a 21.3-acre truck terminal at 12903 Lakeland Road in Santa Fe Springs, CA. The property includes a 114,459-square-foot cross-dock terminal with 130 dock-high positions, 16 grade-level doors, approximately 800 auto and trailer stalls, a maintenance building, and a truck scale. The facility is fully leased to XPO. Jace Gan and Clyde Stauff of Colliers represented the buyer in the transaction.

ACQUISITION: An industrial facility at 2399 Avon Industrial Drive in Rochester Hills, MI, was acquired. The property includes a cross-dock truck terminal facility. The transaction involved a call for offers, lease terminations, and direct renewals. RH Commercial Realty represented the buyer, while Alexander Gravlin represented the seller in the transaction.

ACQUISITION: ATPIT, LLC acquired a 30,639-square-foot manufacturing and service facility on 12 acres off Route 30 in York, PA, for $6.2 million. The property features multiple buildings, crane-served manufacturing space, and extensive outdoor storage. Jason Grace and Jessica Lilly of Landmark Commercial Realty represented the buyer in the transaction.

ACQUISITION: TRX IOS acquired an eight-property industrial outdoor storage portfolio spanning six states. The portfolio consists of properties located at 6860 State Line Rd and 6680 MS-178 in Olive Branch, MS; 7150 W Targee St in Boise, ID; 326 S 2650 W in Salt Lake City, UT; 10050 Interstate 35 Access Rd in San Antonio, TX; 100 Industrial Blvd in McDonough, GA; 3414 Sandy Ridge Rd in Colfax, NC; and 1597 Access Rd in Covington, GA. Each site sits in key freight corridors suitable for parking, staging, and equipment storage. Brian Fiumara of CBRE and William McCormack of JLL facilitated the transaction.

ACQUISITION: Terminal Logistics acquired a fully leased 4.3-acre industrial outdoor storage facility at 12309 Seagoville Rd in Balch Springs, TX. The site features a 7,500-square-foot maintenance facility equipped with four drive-through overhead doors, as well as fully fenced and gated perimeter security.

CLOSED LEASES
Leased

LEASED: A 76,356-square-foot industrial building with 2.33 acres of excess yard at 7676 N Glen Harbor Blvd in Glendale, AZ, was leased. The property is zoned M-1 (Light Industrial) and located in the Phoenix West Valley. Clark Stokes and Payton Kruidenier of Ross Brown Partners represented the tenant. Tyler Vowels, Pat Feeney, and Dan Calihan represented the landlord, Wren Capital.

LEASED: Ed's Supply leased an industrial outdoor storage property at 3735 Treat Lane in Springdale, AR. Bespoke Holdings Company rezoned the site from C-2 to C-5 to unlock outdoor storage use, added drive-in and dock-high doors, and installed crushed aggregate surfacing. Palmer Hays and Will Jarratt of Focus Commercial Real Estate represented the landlord in the transaction.

LEASED: Silverline Trailers leased a 2,400-square-foot industrial yard property at 10205 Brighton Rd in Henderson, CO. The space features a 2,400-square-foot industrial building on site. Corey Murray of SVN | Denver Commercial facilitated the transaction.

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