Tuesday Trades: IOS Deals - January 7, 2025

CLOSED TRANSACTIONS
Acquisitions and Dispositions

ACQUISITION: Dalfen Industrial, together with funds advised by affiliates of Centerbridge Partners, L.P., acquired 83 Gross Avenue, a 4,500 sq.-ft. industrial property on 1.87 acres of land in Edison. The transaction was arranged by the CBRE team of Mark Silverman, Liam McGregor and Elli Klapper represented Dalfen Industrial in direct negations with the seller. The property has close proximity to the New Jersey Turnpike (I-95) and I-287. The site is ideal for outdoor storage and features a functional industrial building that is being delivered vacant by the seller. Reach out to Kevin Dudley, Chad Hillyer, Nicholas Klacik, and Kate Granahan at CBRE for leasing inquiries.

ACQUISITION: Realterm announced the acquisition of 2340 Rose Place W, in Roseville, MN an industrial outdoor storage fleet maintenance and intermodal facility on 6.3 acres. Developed in 2021, the Class A property includes five oversized drive-in doors, four dock-high loading positions, and a two-story, 7,300-square-foot office component. The facility showcases high flow through (HFT) capabilities with extensive container/trailer parking capacity, a fully paved, fenced, and secured lot, and industrial-grade floor drains and waste traps. The site is fully leased to a leading asset-light freight and logistics company that provides services across the United States and Canada. Congrats to Realterm on a strong start to 2025!

ACQUISITION: Jadian IOS acquired 120 S Buckner Blvd in Dallas, TX. This site has a 15,000 sqft building on 10.9AC. The site has 5 drive in doors, a paved yard and easy access to I-35 and I-635. Congrats to Jadian on getting this one done!

LEASES SIGNED
Recently Leased Properties

LEASED: Congrats to Juan Fraga, Patrick McKiernan, and James Mashni on leasing up 4AC of outdoor storage at 146 Blue Ridge Pkwy, Laredo, TX.

ON THE MARKET
For Sale

FOR SALE: G Brokerage Commercial Real Estate listed 5301 Nations Crossing Rd in Charlotte. This 2.9 AC IOS facility has a 11,347 sqft industrial building with easy access to I-77 and minutes from downtown Charlotte. Reach out to Gordon Allebach and Kristen Ingram if interested.

ON THE MARKET
For Lease

FOR LEASE: 2 acre IOS site located in Grove City with convenient access to
I-270 and I-71. Fenced and gated outdoor property ~10 minutes outside of Columbus. Reach out to Simon Kroos for more info.

RECS
Worth a Look

• Read: Changing needs of IOS Tenants - Frank Crivello from Phoenix Investors piece on IOS and the evolving needs of IOS tenants