IOS Daily for August 9, 2024

IOS Daily for August 9, 2024

Good morning. This is IOSList, and we are putting the word out.


Now, let’s get to it!


NEWS ROUNDUP


ACQUISITION: Triten buys low-coverage facility in Houston, TX. Triten Real Estate Partners has acquired 8850 Telephone Road in South Houston, Texas. The fully-leased property features a 57,360 SF warehouse and 8 acres of stabilized IOS yard. The Triten deal team included Will Hedges and Keith Gabrielson . David Munson and Garrett Thomas at Cushman & Wakefield assisted in the sale.


ACQUISITION: CBRE brokers 4.54 acre IOS in Phoenix, AZ for $7.3M. Serena Wedlich of CBRE has brokered the sale of 1725 East Broadway Road in Phoenix, Arizona. The site features a 27,280 SF warehouse building. CBRE represented the buyer, Mountain Crane Service . Mountain Crane’s deal team was led by Josh Bitton and Brett Olsen .


LEASE SIGNED: Dayton Street leases 40 acre IOS in Atlanta metro area. Dayton Street Partners LLC (DSP) leased 4390 Old McDonough Road in Conley, Georgia. The site features 2 truck maintenance facilities with a warehouse totaling 73,396 SF. The new tenant is Werner Enterprises . The DSP deal team was led by Adam Seyfarth . DSP was represented by Nathaniel Weikert of OnPace Partners. Eric Rose of CRESA represented Werner.


LEASE SIGNED: BRC leases 3.38 acre IOS in North Bergen, NJ. The @Advance Industrial Group at Bussel Realty Corp. (BRC) represented San Antonio Broker Services in the leasing of 9101 Tonnelle Avenue in North Bergen, New Jersey. The property is owned by Hartz Mountain Industries . The BRC team included Anthony Rittwager and Matthew P. .

READ: Is IOS an asset class hiding in plain sight? (Hint: yes)


JUST A FEW TICKETS LEFT!


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IOS FOR SALE


750 Allanson Rd, Mundelein, IL 60060

Mundelein, IL | 19.45 AC | Close to I-94 | Build-to-Suit Opportunity

Brokers: Sam Badger , Whit R. Heitman


781 Elkridge Landing Rd, Linthicum Heights, MD 21090

Linthicum Heights, MD | 0.5 AC | Close to I-295 | 9,413 SF Building

Brokers: Andrew Meeder, SIOR , Matthew Curran, SIOR


5196 Pickett Dr, Jacksonville, FL 32219

Jacksonville, FL | 12.83 AC | 2,400 SF Building | Room for 200 Trailers

Broker: Tasha Byrne


IOS FOR LEASE


920 Brunswick St, Baltimore, MD 21223

Baltimore, MD | 3.14 AC | Close to I-95 | 14 Oversized Drive-in Doors

Brokers: Andrew Meeder, SIOR , Matthew Curran, SIOR


10 Hudson Dr, Spartanburg, SC 29303

Spartanburg, SC | 9 AC | Close to I-85 | 6 Drive-Thru Bays

Brokers: Rob Williams , Carter Keller


700 and 750 Chestnut Avenue, Park City, IL 60085

Park City, IL | 8.9 AC | Close to I-94 | 2 Buildings

Brokers: Jason Lev , John Suerth , Jimmy Kowalczyk


ONE MORE THING


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