Thursday Trades: Industrial Outdoor Storage Deals - February 13, 2025

CLOSED TRANSACTIONS
Acquisitions & Dispositions

ACQUISITION: Transport Properties has acquired a Class A IOS property at 6800 I-45 in Dallas, TX. The property features a 103,000 SF office and repair facility situated on 33 improved acres. Elliott Dow of CBRE sourced the opportunity. For leasing inquiries, contact Casey Cunningham.

ACQUISITION: Alterra IOS has acquired 168 Park 35 Cove North in Buda, TX. The property features a 3.5-acre yard with 17,000 SF of building improvements and offers immediate access to I-35. It is fully leased to a national tenant. Gavin Weaver spearheaded the transaction, and Jack Sallis of Stream Realty Partners helped facilitate the transaction.

ACQUISITION: CanTex Capital added 7321 E Kennedale Parkway in Arlington and 4729 Mansfield Highway in Fort Worth to its IOS portfolio, totaling 21+ acres in the Fort Worth industrial submarket near Loop 820, I-20, and Highway 287.

7321 E Kennedale Parkway, Arlington – 8.7 acres, 16,000 SF building with two drive-thru bays and recent upgrades. For leasing info contact Alex Keeton at Stream Realty Partners.

4729 Mansfield Highway, Fort Worth – 12.9 acres, two industrial-zoned sites (~5 acres each) plus a retail pad site with highway frontage. For leasing info contact Alexander Wilson & Schaefer Amos at Lee & Associates.

ACQUISITION: DryPort Capital acquired a 12.26 AC site in Houston, Texas through a competitive multiple-offer transaction. Will Clay from JLL and James Mashni from FIRST HOUSTON Properties facilitated the transaction!

ACQUISITION: Triten Real Estate Partners has completed its first acquisition in Laredo, Texas. Located at 12125 Jef Drive in Killam Industrial Park, the 30,462 SF tilt-wall freight facility sits on 9.57 acres of fully paved, secured land. The property is strategically positioned near the World Trade Bridge and I-35, enhancing its logistics capabilities. David Shipman led the acquisition on the Triten team.

CLOSED TRANSACTIONS + FOR LEASE
Recently Acquired Properties Available for Lease

ACQUISITION: An undisclosed investor has acquired a 5-property IOS portfolio totaling 26.6 acres with 74,556 SF of industrial improvements along the Trinity River, just outside downtown Fort Worth, TX from Steeplechase Real Estate Ventures. Martin Grossman, David Guinn, Cameron Deptula from Davidson Bogel Industrial along with Andrew Wiesemann at Matthews Real Estate facilitated the transaction.

Properties Include:

1720 S Riverside – 9.64 acres, 15,373 SF warehouse
1121 Riverside Dr – 3.11 acres, 10,123 SF warehouse/office
1275 Riverside Dr – 6.7 acres, 19,264 SF cross-dock warehouse 
1400 Sylvania Ct – 4.06 acres, 2,500 SF warehouse
428 S Riverside Dr – 2.81 acres, 6,535 SF cross-dock warehouse 

The properties are undergoing substantial renovations and are available for lease through the Davidson Bogel Industrial team. Reach out to Martin Grossman and David Guinn for more information!

NEW DEVELOPMENT
Build-to-Suit Groundbreaking Announcement

NEW DEVELOPMENT:  The Perry-Hill Ventures team, led by Joel Mackintosh and Mike O'Malley, are developing a Class A build-to-suit industrial outdoor storage facility for Alpha & Omega Equipment Sales & Rentals in Lubbock, TX. The new development will include a 5,350 SF building on 3.34 AC. Reach out to Murphy Sloan and Andrew Wiesemann at Matthews for more information.

RECS
Worth a Look

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