Tuesday Trades: IOS Deals - December 31, 2024

CLOSED TRANSACTIONS
Acquisitions and Dispositions

ACQUISITION: Open Industrial acquired a 2.2-acre IOS site located at 3331 Jason Avenue Charlotte, NC. The fenced, lit, and graveled site features +/-7,500 square feet of office space and covered storage fully leased to Bland Landscaping Company. Located less than 2.5 miles from the Charlotte International Airport and less than 5 miles from downtown Charlotte, the site allows for convenient access throughout the Charlotte MSA. The Open Industrial team was led by Rob Foa. The seller was represented by Scott Hensley, CCIM, SIOR and Lester Osborn of Piedmont Properties/CORFAC International.

ACQUISITION: Rockbrook Equity acquired 324 N. Nursery Rd in Irving, TX. The infill IOS property features +/- 28,000 SF of building on 7.52 acres, conveniently located near Highway 183 and Loop 12, offering excellent connectivity to the DFW Metroplex. Shout out to Chase Miller, SIOR at NAI Robert Lynn for facilitating the deal. This property is available for lease. For inquiries, please contact Chris Wong, CPA or Chase Miller, SIOR for more details. Congrats to Rockbrook Equity and all parties involved!

ACQUISITION: B&D Holdings acquired 9301 Stoneview Drive in DFW. The site includes a 60,500 SF warehouse property with a truck maintenance facility situated on 12.86 Acres, located at the intersection of I-35 and I-20. Congrats to the B&D Holdings team - Martin Segal, Robert Logan, Danny Harrison and Andrew Brunetto!

ACQUISITION: Zenith acquired 8904 S Freeway in Fort Worth, TX. This is a 6-acre IOS site in Fort Worth. David Guinn, SIOR of Davidson Bogel Real Estate sourced this acquisition opportunity for Zenith. Reach out to David regarding ~1 acre fenced, lit, and paved space available for lease. Peter Cannon is the Zenith deal contact regarding future investment opportunities in the Dallas-Fort Worth market. Congrats on getting this one done!

ACQUISITION: Realterm announced the acquisition of a 66-door truck terminal located at 8814 W. Market Street in Greensboro, NC. The 10.4-acre property features a 22,998-square-foot warehouse with 3,250 square feet of office space. The strategically located facility includes 66 loading positions, 71 trailer parking spaces, a 2,080-square-foot drive-thru maintenance facility and an on-site fueling station. The fully secured property is completely paved and illuminated, with a dedicated ingress/egress point. Congrats to Ed Brickley and Arnie Capute from Realterm and Chris Loyd and Chris Skibinski of Avison Young for facilitating the transaction.

LEASES SIGNED
Recently Leased Properties

LEASED: The IOV and CBRE team leased out 3750 Nome St. in Denver, CO to Lakin Tire! The site has a 31,116 SF warehouse /office and is on 4.94 acres. Congrats to Eric Johnson, Ben Backer, Sam Dragan, Mike Camp and Steve Serenyi on getting this to the finish line!

ON THE MARKET
For Sale

FOR SALE: ALO Property Group just listed 2130 Winter Avenue in Indianapolis, IN. This 9,060 SF property on 1.6 acres offers a unique combination of warehouse, office, and expansive outdoor storage, perfect for businesses seeking flexibility and connectivity in the Indianapolis market or investors looking for Indy exposure. Great location with close proximity to I-70 and I-65. Reach out to Matt Carroll and Pat Huffine for more info.

ON THE MARKET
For Lease

FOR LEASE: 6 acre IOS site in San Antonio located 0.6 miles South of IH-10, East of Loop 410. Includes 5,750 SF flex warehouse. Reach out to Andrew Price, Daniel Wall, and Braeden Bernstein at CBRE for more info.

RECS
Worth a Look

• Read: 2025 Industrial RE Outlook CBRE - CBRE team discusses eCommerce sales, reshoring of manufacturing among other things in outlook for industrial RE in 2025