Industrial Outdoor Ventures

JUST LEASED! We bought and leased our 10th Denver asset in less than 30 days! Lakin Tire, an existing portfolio tenant, has leased 3750 Nome St., a 4.94-acre site with 31,116 SF warehouse/office buildings. Thank you to our brokers, Sam Dragan and Mike Camp of CBRE, and Steve Serenyi of Colliers who represented Lakin Tire. Tom Barbera I Nick Firth I Eric Johnson, MBA I Benjamin Backer I Anthony DeLaurentis I Raymond Keeler, CFA I Mike Rotolo I Tina Torossian #industrialoutdoorstorage #ios #industrialrealestate #maintenancefacility Read more here...https://lnkd.in/g8Uc7KVE

Davie Industrial Center - Construction Update 42,866-square foot Class A Service Building and a 183,276-square foot Class A Distribution Facility on 30 paved acres located at 3055 Burris Road in Davie, FL. This infill industrial site has incredible highway accessibility; Frontage on I-595 & Florida's Turnpike, I-95. Please reach out to Larry Genet and Tom O'Loughlin with all leasing inquiries. Tom Barbera I Nick Firth I Eric Johnson, MBA I Anthony DeLaurentis I Benjamin Backer I Robert Chase I Mike Rotolo I Tina Torossian I Lana Horton #industrialoutdoorstorage #ios #industrialrealestate #distribution #transportation #ecommerce #truckparking #heavyindustrial #indoordronetours

CLOSED! IOV is excited to announce the acquisition of adjacent IOS assets at 2130 & 2210 Hightower Drive in Garland, TX. Combined, the properties total 5.74-acres with 26,000 SF of buildings. The high-quality assets include concrete yards with close proximity to I-635 and the DFW airport. This mark's IOV's seventh acquisition in the Dallas/Ft. Worth area. Please contact Caleb McCoy and Paul Davis with all leasing inquiries. Tom Barbera I Nick Firth I Eric Johnson, MBA I Anthony DeLaurentis I Benjamin Backer I Raymond Keeler, CFA I Mike Rotolo I Tina Torossian #industrialoutdoorstorage #ios #industrialrealestate #maintenancefacility #equipmentrental #trucking #transportation

The head of Bank of America in Mexico sees continued nearshoring opportunities in Texas, California and Arizona markets despite the threat of tariffs on Mexican goods, according to an article written by Erik Sherman at GlobeSt.com. The article notes a ranking of the Top 20 US markets for warehouse and distribution which has more than one-third of the markets in TX, CA and AZ. (https://lnkd.in/eXZZKNyv) https://lnkd.in/gAUwhcdd

CLOSED! IOV is pleased to announce the acquisition of an industrial outdoor storage (IOS) facility in Denver, CO. The property located at 3750 Nome St, includes 31,116 SF of warehouse/office buildings with a fenced and secured yard on 4.94-acres. This mark's IOV's 10th acquisition in the Denver area. We would like to thank Sam Dragan and Mike Camp with CBRE for representing IOV and the seller in the transaction. Please contact Sam Dragan and Mike Camp with all leasing inquiries. Tom Barbera I Nick Firth I Eric Johnson, MBA I Benjamin Backer I Anthony DeLaurentis I Mike Rotolo I Raymond Keeler, CFA I Tina Torossian Read more here...https://lnkd.in/ggn8qSnz

The industrial real estate market is reaching a plateau, with vacancy rate growth and construction levels slowing. According to this story in GlobeSt.com, citing research from Colliers, several key points support this: construction deliveries are at their lowest since early 2021, the pipeline for projects in progress peaked in 4Q2022, and the 19 bps increase in the vacancy rate is the smallest increase since late 2022.

Earlier this week Bisnow hosted a Chicago Industrial Summit. Our CEO Tom Barbera was a guest speaker, addressing the IOS market and the out-of-the-box outlook for 2025 and beyond. (Look for more on that later!) One of the prevailing sentiments, expressed by Kyle Schott of Ryan Companies US, Inc., was that the election is over, we've checked that box and now we can move on. https://lnkd.in/g5-PD8ie

Our CEO Tom Barbera is a featured speaker at tomorrow's Bisnow Chicago Industrial Summit. His panel, titled "Thinking Outside the Box: Cold Storage, Logistics, and Outdoor Storage" will give insights into the year ahead. Come hear what Tom thinks is in store for IOS and IOV in 2025! https://lnkd.in/dKeq7H-9

JLL is out with a new report focusing on aspects of industrial leasing. The report found that large industrial warehouse leases can take up to nine months to complete. For reference, during the pandemic, it was four months. For one, more approvals are required as companies monitor their commitments. And, some companies may explore their own options before ultimately signing on with a 3PL--the largest group leasing space, https://lnkd.in/gEMpt8CX

The CRE space continues to be very interesting--four years after the throes of the pandemic and now as we move past an election and see additional monetary policy issues come to the forefront. According to a report by LightBox, the nore things change the more they stay the same. As CRE plots an improved environment, the GlobeSt.com story notes that industrial and multifamily assets continue to be the sectors that outperform others. Q42024 is no different. https://lnkd.in/gbMbc3yQ