Florida IOS Is Heating Up: 8 Deals You Can't Ignore This Month
· 2 min read · Industrial Outdoor Storage
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.