Tuesday Trades: IOS Deals - June 10, 2025

REFINANCING: JLL Capital Markets has secured $231 million in financing for a 43-property IOS portfolio totaling 293 acres across 13 states on behalf of Jadian Capital’s affiliate, JIOS. The portfolio spans 19 markets and includes major tenants such as United Rentals, Waste Management, Ryder, ABF Freight, and a top national e-commerce company. Jadian Capital emphasized the sector’s strong demand drivers and limited supply as key reasons for long-term investment. Congrats to all parties involved on this one!

ACQUISITION: Realterm acquired 19929 77th Avenue S, a 5.4-acre IOS facility in Kent, WA, located in one of Seattle’s premier industrial submarkets. The site includes a 12,640 SF shop building, a 1,517 SF office, and features drive-through bays, wash bays, a truck scale, and direct rail access. Realterm plans significant capital improvements, including roof replacement, upgraded electrical and lighting, new paving, enhanced fencing, and a modern security system. The property is currently vacant and available for lease.

ACQUISITION: A vacant 1.07-acre IOS property with a 4,887 SF mechanic’s shop and office in South Amboy, NJ has been sold in a deal arranged by Cushman & Wakefield. The seller, Seven C’s Investment Group LLC, was represented by Andrew Schwartz, Jordan Sobel, Andre Balthazard, and Dan Bottiglieri. Located at 2000 Route 35 with frontage on both Route 35 and Kath Street, the site offers strong access to the Garden State Parkway and nearby ports. Delivered vacant, the property provides the new owner with a turnkey opportunity in a high-demand Central New Jersey location.

ACQUISITION: AMAR Companies, Inc. (AMARCO) has acquired a fully occupied industrial property in Midland, TX, situated on 2.18 acres and featuring four buildings totaling 12,800 SF. Built in 1983, the site offers a mix of office, warehouse, and dedicated outdoor storage space tailored for industrial and energy-related uses. AMARCO plans targeted upgrades to enhance tenant experience and long-term value. This acquisition supports AMARCO’s strategy of growing its income-generating portfolio in key infill markets like Midland.

ACQUISITION: Zenith has acquired 870 Murfreesboro Pike in Nashville, a 4-acre IOS site featuring a 6,000 SF maintenance shop leased to Maxim Crane Works, LP. The opportunity was sourced by Alessandra Bianchi.

LEASED: Rivian has signed a 34,938 SF lease at Shader Logistics Center in Orlando, FL marking its new headquarters for vehicle maintenance and warehousing in the region. The 6.4-acre IOS facility, which includes over 400 parking spaces, was redeveloped by Ultimate Realty and Amstar after being vacated by a call center tenant during the pandemic. CBRE’s David Murphy and Monica Wonus represented the landlord, while Cushman & Wakefield’s Danielle Beyer and David Perez represented Rivian.

LEASED: A long-term lease has been secured for 12690 Danielson CT in Poway, an IOS property located in the Poway Business Park. The 2.79-acre site includes a ±9,050 SF industrial building with secured yard space, five loading doors, and ample power—ideal for equipment storage and contractor use. Congrats to the Lee & Associates Team!

AVAILABLE: IOS YardDogs are pleased share Matador's single tenant IOS portfolio totaling +/- 273,427 SF across 33.88 acres. Currently 95.94% leased, this offering provides passive income with significant rental upside. The portfolio has a weighted average lease term of 3+ years and features a diverse tenant base across multiple industrial uses.

Key Highlights:
Tenants: 11
Portfolio Size: 273,427 SF across 10 sites
Land Area: 33.88 acres
Markets: Dallas-Fort Worth, San Antonio, Oklahoma City
Offers Due By: Friday, July 11th, 2025

If you’re interested in learning more, please complete the attached confidentiality agreement and return it to [email protected] to access the full offering memorandum.

For deal specific questions, reach out to either Jeremy Mercer and Will Narduzzi directly.

Start with our guide: What is Industrial Outdoor Storage?

Check out Chad Griffiths’ recent podcast focused on IOS

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