Florida IOS Sees $100M Refi, New Jadian Leases, and High-Value Trades
Florida's IOS market moves from October 1-23: a $100M refinance, new Jadian leases, and high-value trades across the state's key logistics corridors.
Florida IOS Market Moves: October 1–23
From major refinancings to off-market acquisitions and portfolio-level leasing activity, Florida’s IOS market remains one of the most active in the country. Here’s a full rundown of the transactions, and the dealmakers driving them.
🏗️ Acquisitions
Jadian IOS Expands in Tampa - Transaction: JLL brokered the sale of 8419 Sabal Industrial Boulevard, Tampa, FL, to Jadian IOS. - Property: 7.13 acres, 72,612 SF manufacturing facility, fully leased to Phillips Manufacturing Co. - JLL Team: Harrison Pithers, Olivia Brock, John Dunphy, Peter Cecora, Lindsey Harris. - Jadian Team: Alex Stahl, Daniel Schuchinsky. - Note: Off-market transaction.
Catalyst Acquires in Orlando - Transaction: Catalyst Investment Partners purchased 1.6 acres at 3500 Silver Star Road, Orlando, FL. - Property: 9,576 SF industrial facility. - Catalyst Team: Matthew Heaney. - Brokers: Alex Rich, Shaz Zaidi with Rich Commercial Group.
Alterra IOS Adds Fort Myers Asset - Transaction: Alterra IOS acquired 3769-3777 Ironbridge Boulevard, Fort Myers, FL. - Property: 1.8 usable acres, 19,600 SF building improvements. - Alterra Team: Chris White. - Broker: Alessandra Bianchi with ONE Commercial Real Estate.
💼 Dispositions
Panther Capital Group Sells in Jacksonville - Transaction: Sale of 5011 Vernon Road, Jacksonville, FL. - Property: 2.82 acres, 14,680 SF industrial facility. - Broker: Talava Washington with Panther Capital Group (seller representative).
Matthews Facilitates Fort Myers Sale-Leaseback - Transaction: Sale-leaseback of 2765 Fowler Street, Fort Myers, FL. - Property: 1.8 acres, 23,682 SF low-coverage facility. - Brokers: Michael Buonadonna, Harrison Auerbach with Matthews.
ComReal Closes $16.75M Sale in West Palm Beach - Transaction: Sale of 100 North Benoist Farms Road, West Palm Beach, FL. - Property: 9.7 acres, IOS yard with access to I-95 and Florida’s Turnpike. - Buyer: Health Care District of Palm Beach County. - Brokers: Patrick McBride, Chris Spear with ComReal, repping both sides (seller: Outour Storage Investments).
📑 Leasing
JLL Leases 3 Jadian-Owned IOS Properties in Tampa - Transaction: Leasing of 6001 North 50th Street, 6801 East Adamo Drive, and 6601 East Adamo Drive, all in Tampa, FL. - Landlord: Jadian IOS. - JLL Team: Olivia Brock, Peter Cecora, John Dunphy, Harrison Pithers, Lindsey Harris.
💰 Financing
Cooper Horowitz Arranges $100M IOS Portfolio Refi - Transaction: $100M refinance loan secured by an IOS portfolio owned by Triten Real Estate Partners and TPG Angelo Gordon. - Portfolio: 19 IOS assets across California, Florida, Georgia, Maryland, Missouri, Pennsylvania, and Texas. - Lender: Truist Bank. - Cooper Horowitz Team: Justin Horowitz, Ben Knopf, Joshua Tropper, Richard Horowitz. - Borrower Teams: Zach Dobin (Triten), Matt Lazar (TPG Angelo Gordon).