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).
**Takeaway**
Florida’s IOS market remains **a magnet for institutional capital**, with activity spanning acquisitions, high-value sales, and strategic refinancings.
Jadian IOS and Alterra continue to scale across key industrial metros, while portfolio-level capital movements from **Cooper Horowitz, TPG, and Triten** signal continued investor confidence heading into Q4.