Florida IOS Is Heating Up: 8 Deals You Can't Ignore This Month
· 2 min read · Industrial Outdoor Storage
Eight significant IOS deals closed across Florida this month, from Miami infill plays to Tampa acquisitions, signaling continued institutional appetite for the Sunshine State.
Florida IOS Is Heating Up: 8 Deals You Can’t Ignore This Month
November started fast. Eight transactions already closed across Orlando, Miami, Tampa, Jacksonville, West Palm Beach, and Bushnell. Below is the full breakdown, _including every deal team involved_ so you can see exactly who is active in the market right now.
Orlando Metro - Matthews Closes Altamonte Springs IOS for 1.2MType: Disposition
Address: 560 Sanford Avenue, Altamonte Springs
Specs: 1.13 acres, 7,000 SF, leased to SiteOne Landscape Supply
Pricing: 1.2M, cap rate 4.83 percent
Deal Team: Taylor Dintzner, John Stroud, Erik Manarino (Matthews)
Notes: Matthews represented the seller and sourced the buyer.
Greenspring Recaps Multi State IOS Portfolio with WinTrustType: Financing
Portfolio: 9 industrial properties in Florida, Virginia, Arizona
Greenspring Deal Team: Nicki Berg, Goral Khatta, Daniel Flamholz
WinTrust Deal Team: Terry Sutherland
Broker: Justin Horowitz (Cooper Horowitz)
Notes: Significant capital markets activity as more groups recap IOS to redeploy into expansion.
Miami - Corepoint Sells 17 Acre IOS to Outpost for 52.1MType: Disposition
Address: 3200 Northwest 67th Avenue, Miami
Specs: 17 acres
Pricing: 52.1M
Seller: Centerpoint (paid 29.5M in 2020)
Buyer: Outpost
Deal Team: Marc Smouha, Jonathan Marti (Corepoint)
Notes: Off market. Strongest delta between 2020 acquisition basis and 2025 sale.
West Palm Beach - Catalyst Acquires 13.5 Acre IOSType: Acquisition
Address: 2269 Indian Road
Specs: 13.5 acres, five service facility buildings, 38,990 SF total
Catalyst Team: Brandon Johnson, Kyle Earley
Broker: Bruce Schoenbrun (Brightstone Realty Partners)
Bushnell - Engel and Volkers Sells 4.08 Acre IOS for 2MType: Disposition
Address: 5256 CR 542F
Specs: 2,896 SF warehouse and office plus separate 1,850 SF industrial building
Deal Team: Chris Pixley, Logan Berkowitz (Engel and Volkers New Smyrna Beach)
Tampa - Greenspring Acquires 2.32 Acre Heavy Industrial SiteType: Acquisition
Address: 7810 Professional Place
Specs: 14,434 SF industrial facility on 2.32 acres
Deal Team: Nicki Berg (Greenspring)
Apopka - Dalfen Industrial Buys 2.61 Acre IOSType: Acquisition
Addresses: 2916 Apopka Boulevard and 8188 North Orange Blossom
Specs: Includes 785 SF mobile office trailer
Deal Team: Christopher CJ Griffith, Ryan Griffith (Lee and Associates Central Florida)
Jacksonville - Legacy Capital Partners Sells 3 Acre IOSType: Disposition
Address: 5919 Commonwealth Avenue
Specs: 3 acres, 28,734 SF industrial buildings
Legacy Team: Tyler Hall, Scott Brucker
Additional Deal Team: Michael Cassidy, Eric Bumgarner, Gordon Olson
Notes: Legacy acquired the property in August 2024.