Tuesday Trades: IOS Deals - December 10, 2024

CLOSED TRANSACTIONS
Acquisitions and Dispositions

ACQUISITION: Hillstone Advantage Partners, a national industrial outdoor storage investor and developer, expanded its portfolio with the recent acquisition of a 3.64-acre property located at 222 Yellow Place, Rockledge, FL. The site is strategically located ~5 minutes from I-95 and close to the Space Coast (SpaceX, NASA, US Space Force and Blue Origin). The property features an 8,550 SF warehouse, 4,995 SF cross-dock facility, and ample paved outside storage. Hillstone has already secured a lease with a publicly traded company seeking to expand their Florida footprint. Contact Patrick Sullivan for potential acquisition opportunities.

ACQUISITION: Jadian IOS closed a 5.8AC IOS site in Miami, FL. The site is strategically located near Miami International Airport and Port Miami. Congrats to the JIOS team on getting this one done!

LAND ACQUISITION: David and Joey Hungerford announced a prime commercial land sale in Haines City, FL. Situated on the east side of Highway 27 near the busy SR-544 intersection, this property is in a thriving submarket driven by Central Florida's growing demand for industrial outdoor storage.

DISPOSITION: Industry Real Estate Partners is pleased to announce the recent disposition of a well-located industrial outdoor storage site in Ball Ground, Georgia, to an operator who will use the facility for their business. Congrats to Steve Farrar on the sale and to Industry Real Estate Partner's Jeff Henson and Garrison Price to get this to the finish line!

CASH-OUT REFI: CBRE team announced a successful cash-out refi for an IOS property located in Southern California. Reach out to the Bruce Francis and the CBRE team for more details.

DEVELOPMENT: Holt Lunsford Commercial Investments acquired 23 acres at 11010 Jones Road in northwest Houston for a new industrial project. Plans include a 204,800-square-foot warehouse for up to two tenants and a 50,000-square-foot facility, plus trailer parking and outdoor storage. Construction is set to start in Q2 2025.

LEASES SIGNED
Recently Leased Properties

LEASED: Colliers represented Realterm and leased a 16.47 AC IOS site in Charlotte, NC located at 725 Lawton Road. Congratulations to Elizabeth Runge Lenau at Realterm and Gregory Gosselin and Justin L. Smith at Colliers!

 LEASED: 3AC of IOS was leased at 7132 W Targee St in Boise, ID to a strong credit tenant. There are 2AC remaining for lease. Reach out to Jack Cosca at Colliers if interested!

ON THE MARKET
For Sale

FOR SALE: Twelve2 Commercial Group is marketing 10+ AC consisting of 3 parcels for $3.95M. Less than 1 mile from the Milwaukee Airport. Contact the Twelve2 team (Dave Hazenfield, Nick Steger and Daniel Oakes) for details.

ON THE MARKET
For Lease

FOR LEASE: 4.6 acres with 18,051 SF of building space available in Fort Worth, TX. Zoned I-H, the site offers close proximity to Highway 287 and Loop 820, giving it convenient access to I-20 and Downtown Fort Worth. Contact Griffin Pitcher, Drew Boroughs and Andrew Wiesemann if interested.

FOR LEASE: 6.5AC IOS site 1442 Toshiba Dr, Lebanon, TN. Site is paved/graveled and fenced located minutes from I-40 and less than 30 minutes from Nashville airport. Reach out to Max Smith or Zac Cypress at Colliers for more information.

RECS
Worth a Look

• Read: Proposed Tariffs Contribute to Prologis Downgrade - Investment bank BMO recently downgraded Prologis and tariffs are a driving factor

• Read: Why is Intermodal Shipping Growing - total intermodal shipping volume rose 9.8% year-over-year in Q3 of 2024 – the fourth consecutive quarter of YoY growth