Florida IOS Is Heating Up: 8 Deals You Can't Ignore This Month
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 1.2M**
**Type:** 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 WinTrust**
**Type:** 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 52.1M**
**Type:** 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 IOS**
**Type:** 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 2M**
**Type:** 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 Site**
**Type:** 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 IOS**
**Type:** 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 IOS**
**Type:** 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.