Tuesday Trades: IOS Deals - March 4, 2025

DON’T MISS THIS
Industrial Outdoor Storage Summit May 29th in Dallas, TX

National Association of Industrial Outdoor Storage in partnership with the Contractors, Closers & Connections (CCC) is hosting their “Industrial Outdoor Storage Summit” @ Gilley’s Private Event & Concert Venue in Dallas on Thursday, May 29th!

Featured speakers will be engaging (300+) IOS professionals with in-depth insights and key market outlooks into the industrial outdoor storage industry conducted through interactive panel discussions and a VIP after-hours cocktail reception.

Yard Dogs… you seriously don’t want to miss this!

Click here for more info and to sign up!

CLOSED TRANSACTIONS
Acquisitions and Dispositions

ACQUISITION: CanTex Capital has acquired another IOS property, a 20,840 SF facility on 4 acres at 515 Mills Road in Garland, TX. The site features 2.5 acres of secured outdoor storage and 10,000 SF of cold storage. Congrats to Adam Jones and James Mantzuranis of Stream Realty Partners for their role in the transaction!

ACQUISITION: A 4.41-acre IOS site at 55th Ave & Bethany Home Rd in Northwest Phoenix sold for $4,872,500 ($25 PLSF). The transaction closed in February, with the R&G team representing the seller. Congratulations to Max Schumacher and the R&G team!

ACQUISITION: Cartage Capital Partners acquires IOS site at 3033 I-10 Frontage, Baytown, TX. The site is on 5AC and is fully leased to a long-term tenant for container and chassis storage. Congrats to the Cartage Capital and Prosperity Bank Team!

DISPOSITIONS: ±113,000 SF on ±21 Acres IOS deal in Houston. Congrats to Clay Pritchett and the Partners team for facilitating this transaction.

DISPOSITIONS: The Foundry Commercial Team facilitated the sale of 7001 Benjamin Road in Tampa. This 2.63AC site with 12,900 SF building sold for $3.6M. Strong momentum in Tampa – check out this piece for an overview on the Tampa market!

LEASES SIGNED
Recently Leased Properties

LEASED: CBRE successfully leased 381 Jedburg Rd representing the new tenant for this 6AC IOS site, collaborating closely with the listing team at JLL (led by Tyler Smith)

LEASED: Monopoly Group RE secured a 5,500 SF space on 2.2 acres for Drake Lawn & Pest Control after an extensive search. Congrats to Drake Lawn & Pest Control for their expansion into Tampa and to Lisa Ross and her team at Cushman & Wakefield for their efforts.

ON THE MARKET
AVAILABLE FOR THE FIRST TIME

AVAILABLE: CENTRAL FLORIDA’S LARGEST TURNKEY IOS SITE! 311 Benson Junction Road in DeBary, FL offers up to ±30 acres of industrial outdoor storage and buildings that can be divided to 5+ acre sites. The fully fenced site features an active concrete batch plant, site lighting, stabilized surfaces for truck/equipment traffic, and a hard-pan road system.

Zoned flexibly for IOS, industrial, and manufacturing uses, it also boasts rail service (CSX) and potential for additional improvements to suit. This location in a growing industrial corridor is perfect for businesses seeking scalability and proximity to regional markets.

Check out the full flyer here. Reach out to Derek Riggleman and Ryan Griffith at Lee & Associates for more information!

RECS
Worth a Look

• Article: Newmark’s 4Q24 U.S. Industrial Market Conditions and Trends Report

Got Deals

Get your listings in front of the right people! If you have an IOS sale or lease listing (or something else you want to highlight), just shoot us an email at [email protected] and we’ll make sure it reaches the right audience.