Open Industrial

Open Industrial is pleased to announce the acquisition of a 2.2-acre IOS property located at 3331 Jason Avenue Charlotte, NC. The fenced, lit, and graveled site features +/-7,500 square feet of office space and covered storage fully leased to Bland Landscaping Company. The Property is zoned ML-2, one of Mecklenburg County’s heaviest industrial districts, which allows for outdoor storage by right. Located less than 2.5 miles from the Charlotte International Airport and less than 5 miles from downtown Charlotte, the site allows for convenient access throughout the Charlotte MSA. The Open Industrial team was led by Rob Foa. The seller was represented by Scott Hensley, CCIM, SIOR and Lester Osborn of Piedmont Properties/CORFAC International.

Open Industrial completed a lease expansion at 1413 Mechanical Boulevard in Garner, NC, with United Rentals, the world’s largest equipment rental company, operating over 1,500 locations globally. The recently extended long-term lease reflects Open Industrial's strategic commitment to optimizing asset performance in partnership with industry leaders in the equipment rental sector. Congratulations to Jared Okun, Joshua Gurland, and Michael Hutton, MSREI, with Open Industrial, for facilitating this milestone transaction.

Open Industrial is pleased to announce the acquisition of a 6.2-acre IOS property located at 1710 Pacolet Court Gastonia, NC. The site features a +/-13,700-square-foot warehouse that is fully leased to Powerhouse Boiler Equipment, a subsidiary of Atlas Copco, who utilizes the property for the sale, rental, service, and storage of boiler equipment. The site is fully fenced, lit, and equipped with asphalt/gravel and five grade level roll-up doors. Zoned I-2 (General Industrial), one of Gaston County’s most permissive industrial districts, the property is located just two miles from the I-85 interchange, offering convenient access to downtown Charlotte and the surrounding regional market. Great work, Rob Foa!

Open Industrial has executed a lease for a 2.5-acre industrial outdoor storage (IOS) site in Manassas, VA with BrandSafway, a global leader in infrastructure services with 272 locations across 30 countries. This long-term lease underscores a commitment to delivering efficient IOS solutions to industry leaders in a location that benefits from robust infrastructure, proximity to major transportation networks, and Northern Virginia’s reputation as the "Data Center Capital." These mission-critical locations play a pivotal role in supporting essential industries and operations. Finally, thanks to John Dettleff, Sam Haas with JLL for facilitating the transaction, as well to Jared Okun, Joshua Gurland, and Michael Hutton, MSREI with Open Industrial.

Open Industrial recently closed on a 9.4-acre IOS property in Bradenton, FL zoned HM (Heavy Manufacturing), which is the heaviest industrial zoning in Manatee County, FL. The site includes a 7,720 square foot building with two at grade drive-in doors and a securely fenced laydown yard with multiple points of ingress/egress. The property benefits from retail-like frontage on 63rd Ave East and strong arterial access, being located 0.5 miles (1 turn) from US-301 and under 5 miles from the Sarasota Bradenton International Airport. The Property is currently available for lease, and management has retained Brad Berzins, SIOR and Olivia Brock with the JLL Industrial team in Tampa to represent the landlord in leasing efforts.

We would like to congratulate Chad Pitts on his promotion to Senior Associate, Investments at Open Industrial. His rapid growth at the company is a clear reflection of work ethic and dedication to helping out the team. Thank you, Chad!

We would like to congratulate Matt Potolicchio on his promotion to Director, Investments at Open Industrial. He is integral to our team here, and a huge part of our growth story.

Open Industrial recently executed a long-term lease with Mobile Air & Power Rentals, a subsidiary of Resolute Industrial. Mobile Air operates nearly 40 locations nationwide, providing temporary HVAC and power solutions, including air conditioners, heaters, and generators. This IOS site is located along U.S. Route 1 in the Richmond, VA market, less than 1.5 miles from I-95, and features a 16,000 sq.ft. warehouse with four small bays. Thanks to our colleagues with JLL's Richmond Industrial Team, Muscoe Garnett & Jake Servinsky, as well as our own team members Jared Okun, Joshua Gurland, and Michael Hutton, MSREI for making this deal happen. Mobile Air & Power Rentals was represented by Brad Lipton of Mohr Partners, Inc.. 

Open Industrial has acquired a 7.48-acre IOS property with 6,515 square feet of building at 7431 Washington Boulevard, Elkridge, MD. The site is currently 100% leased to United Rentals (NYSE: URI), who utilizes the property for the sale, rental, service, and storage of construction trailers. Strategically positioned, the property offers seamless connectivity to key arterial routes, including immediate access to Route 1, I-95, and I-695, and sits within close proximity to Baltimore/Washington International Airport and the Port of Baltimore. This prime location facilitates efficient logistics and distribution operations, catering to the industrial demands of the Baltimore-Washington corridor.

Open Industrial closed on another IOS property in Manassas, VA. Located at 6788 Wellington Rd, Manassas, VA, the property has 4,000sf of warehouse & office space situated on approximately 8.68 acres of Light Industrial (M-2) zoned land in Prince William County. The property is currently 100% leased to Willscot Mobile Mini (NYSE: WSC), which utilizes the property for container storage. Just off Prince William Parkway with retail-like frontage on the heavily trafficked Wellington Rd, the location offers premier access to I-66 and other major thoroughfares in the region. The Property sits next to over 200 acres acquired by Microsoft over the last 2 years for future data center development projects.