23 properties put Town Lane and Axis on the IOS map

August 13, 2026 · 3 min read · Industrial Outdoor Storage

IOS Market Pulse: August 10-13, 2026

🔥 The Headliner: A 23-property platform launches at once

Town Lane backs Axis Partners and acquires a Sunbelt IOS portfolio

Town Lane acquired 23 industrial outdoor storage properties and made a strategic investment in Axis Partners, creating a dedicated platform for acquisitions and operations. The initial portfolio is concentrated in Atlanta, Houston, Dallas, and Nashville, giving the venture immediate scale in supply-constrained logistics markets.

Transaction Details:

Purchase Price: Undisclosed

Portfolio: 23 IOS properties

Markets: Atlanta, Houston, Dallas, Nashville, and other Sunbelt logistics markets

Town Lane Lead: Garret Overlock, Managing Director

Axis Lead: Crawford Arnold, Founder and Partner

Strategy: Individual acquisitions, portfolio transactions, and selected development opportunities

The 20-acre sale-leaseback asset combines a 157,000-square-foot manufacturing building with more than 10 acres of concrete laydown yard. A manufacturing tenant remains in place in one of Northwest Houston's primary transportation corridors.

Capital Team: Yunus Jaffrey, Managing Director and Portfolio Manager; Michael Khourie, Investment Associate, Marble Capital

Structure: Sale-leaseback with an in-place manufacturing tenant

RCG Realty acquired 740 Lloyd Road through a Section 1031 exchange and is investing in property upgrades. The paved and illuminated site provides direct access to Route 35 and the Garden State Parkway.

Seller: Keynet Aberdeen LLC

Broker / Deal Team: Jordan Metz, Benito Abbate, and James Friel, Bussel Realty Corp.

Leasing Team: Jordan Metz, Benito Abbate, and James Friel

Brennan Investment Group acquired 16445 N. I-35 and 13419 Immanuel Road, adding 22,700 square feet of industrial improvements and substantial outside storage. One acquisition includes a sale-leaseback, while Brennan plans to market the second property during its remaining lease term.

Buyer Lead: William Saied, Acquisitions and Asset Manager for Austin and San Antonio

Executive Lead: Troy MacMane, Managing Principal

Key Features: Highway access, 24-foot clear heights, oversized doors, cranes, wash bay, and multiple access points

Open Industrial acquired 1271 New Market Avenue, a 2.9-acre property with approximately 7,400 square feet of warehouse and office space. The M-3-zoned site is about five minutes from I-287 and extends the operator's Northern New Jersey footprint.

Buyer Team: Michael McCaffrey, Matt Potolicchio, and Chad Pitts, Open Industrial

Deal Broker: Isaac Setton, Kassin Sabbagh Realty

Leasing Team: William Ericksen, Christopher Todd, and Jordan Avanzato, NAI James E. Hanson

📈 What This Deal Flow Signals

Institutional capital is pairing with local operating infrastructure

Town Lane's investment in both a 23-property portfolio and the Axis operating platform shows how capital is approaching fragmented IOS ownership: acquire immediate scale, then fund the sourcing, leasing, construction, technology, and property operations needed to keep aggregating.

Practical takeaway: Operators with repeatable off-market sourcing and asset-level execution remain valuable partners for capital seeking IOS exposure.

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