13 IOS Deals Announced This Week - Morgan Stanley, Realterm, Alterra & More
A blockbuster week in IOS with 13 deals announced, featuring Morgan Stanley's ~$92M Fontana acquisition, Realterm's continued expansion, and Alterra's multi-market buying spree.
13 IOS Deals Announced This Week: Morgan Stanley, Realterm, Alterra & More
**IOSJournal Deal Report**
**13 Transactions Announced in Record Week for IOS Market**
The industrial outdoor storage sector saw its busiest announcement week of December with 13 transactions publicly disclosed spanning 11 states. From Morgan Stanley’s LAX-adjacent acquisition to Alterra’s continued expansion, institutional capital continues flowing into IOS assets nationwide.
**📍 MAJOR ACQUISITIONS**
LOS ANGELES, CA - $143K SF LAX-Adjacent Facility
**Dec 15 | Morgan Stanley Investment Management**
MSREI acquired a premium 19-acre IOS site with 143,060 SF last-mile industrial facility, secured by long-term net lease to multinational e-commerce tenant.
**Buyer:** Morgan Stanley Investment Management
**Deal Team:** David Gross (MSREI)
**HOUSTON METRO, TX - Three-Property Portfolio**
**Dec 17 | Zenith**
Zenith acquired a 27-acre, three-property portfolio with 137,000 SF of fully-leased industrial buildings spanning Houston and Sugar Land.
**Properties:** - 10400 Southwest Plaza Dr, Houston - 6775 Bingle Rd, Houston
- 15222 McKaskle Rd, Sugar Land
**Deal Team:** Charlie Strauss & Lance Young (JLL); Vinh Thai & Peter Cannon (Zenith)
**ALLENTOWN, PA - Realterm Expands to Lehigh Valley**
**Dec 16**
Realterm acquired a fully-leased IOS facility at 925 N Godfrey St, marking strategic entry into Pennsylvania’s growing logistics corridor.
**Deal Team:** Ryan Cottone & John Plower (JLL, seller representation)
**DEER PARK, NY - Long Island Acquisition**
**Dec 17 | Realterm**
Realterm continued its aggressive acquisition strategy with a 3.2-acre property featuring 6,800 SF industrial facility at 1013 Long Island Ave.
**Deal Team:** Nick Dupuis & Stephen Panos (Realterm)
**🚀 ALTERRA IOS EXPANSION CONTINUES**
DENVER, CO - 9.98-Acre Secured Facility
**Dec 16**
Alterra acquired 2001 W 64th Ln featuring 26,950 SF industrial service facility on nearly 10 acres with secured yard, fully leased.
**Deal Team:** Kenai Capital Advisors (seller representation)
APOPKA, FL - Orlando Metro Entry
**Dec 17**
Alterra acquired 6.92 acres with 16,000 SF warehouse at 3636 Fudge Rd, expanding footprint in Central Florida.
**Deal Team:** Cory Kroeger (Kroeger Commercial); Chris White (Alterra)
**🏢 ADDITIONAL ACQUISITIONS**
CONCORD, NC - Off-Market Deal
**Dec 16 | Shoreline Capital**
Shoreline Capital secured multi-acre IOS property with two industrial buildings at 290 Executive Park Dr NE in off-market transaction.
**Deal Team:** David Meyer (Brisky Net Lease)
CHARLOTTE, NC - 7.3-Acre Industrial Complex
**Dec 16**
Undisclosed buyer acquired 4330 Chesapeake Dr featuring 89,683 SF industrial building with IOS yard on 7.3 acres.
**Deal Team:** Gregory Gosselin & Rob Speir, SIOR (Colliers, buyer rep); Whiteside Properties (seller assist)
CAPITOL HEIGHTS, MD - Silverman Group Acquisition
**Dec 16**
The Silverman Group purchased 44,000 SF warehouse on 1.3 acres with secured IOS yard at 8540 Ashwood Dr from Matan Companies.
**Deal Team:** Chandler Pace & Dan Gaffey (Colliers, seller representation)
**📋 LEASE TRANSACTIONS**
NEWARK, NJ - Port-Adjacent Warehouse
**Dec 16**
Garden State Cold Storage leased ~30,000 SF warehouse with IOS trailer parking at 449 Doremus Ave / 414 Avenue P.
**Deal Team:** Anthony Rittwager (Advance Industrial Group, tenant); Blau & Berg (landlord)
SAN ANTONIO, TX - International Credit Tenant
**Dec 16**
Ocotillo Capital Partners leased spec IOS project at 5560 Rittiman Rd to undisclosed international credit tenant.
**Deal Team:** Carlos Marquez (Cushman & Wakefield, landlord); CBRE (tenant)
FARGO, ND - Rail-Served Facility
**Dec 17**
21,500 SF warehouse on 3 acres at 2305 Great Northern Dr leased, featuring critical rail access.
**Deal Team:** Street Jones & Bo Hargrove (Rich Commercial Realty); Andy Westby (Goldmark Commercial Real Estate)
**💼 PORTFOLIO TRANSACTION**
MULTI-STATE - Sale-Leaseback Closes Above Ask
**Dec 16**
Private-equity-backed IOS operator completed multi-state portfolio sale-leaseback, closing above asking price in competitive process.
**Deal Team:** Daniel Macks & Brandon Krawitz (STREAM Capital Partners)
**📊 WEEK IN REVIEW**
**Key Takeaways:**
✓ **Institutional Activity:** Morgan Stanley and Realterm lead capital deployment
✓ **Alterra Velocity:** Two acquisitions announced in one week (Denver, Orlando metro)
✓ **Geographic Spread:** 11 states represented in one week
✓ **Deal Diversity:** Acquisitions, leases, and sale-leaseback structures
✓ **Broker Distribution:** JLL, Colliers, and regional specialists all active
The transaction volume demonstrates sustained institutional appetite for IOS assets heading into year-end, with established players (Realterm, Alterra, Zenith) maintaining aggressive acquisition pace alongside new market entrants.