Outpost lands Newark truck terminal, Transport adds Nashville yard
🚚 The Headliner: Newark corridor truck terminal trade
Outpost acquires a 12.65-acre Newark truck terminal
Outpost added another terminal in the New York-New Jersey corridor with a covered, high-throughput site in Newark. The asset gives the platform a second corridor acquisition in six months and adds a newer warehouse component to a market where functional truck terminal inventory is still hard to replace.
- Purchase Price: Undisclosed
- Property: 873-915 Delancy Street, Newark, NJ
- Site: 12.65 acres | 25,000 SF
- Seller: Not yet disclosed
- Buyer Lead: Chenying Zhao, Tres Teschke, Sam Penny, and Josh Neill - Outpost
- Seller Lead: Not yet disclosed
- Broker / Deal Team: Not yet disclosed
Other Deals That Closed (Apr 6-9)
NASHVILLE, TENNESSEE
#### Transport Properties acquires a 20-acre IOS site near downtown Nashville
Transport Properties bought 131 West Express Drive from an IG Logistics affiliate, giving the buyer another large-format yard in a high-velocity Southeast logistics market. The deal surfaced with both sponsor-side and brokerage names attached, which made it one of the cleaner transaction readouts in this window.
- Property: 131 West Express Drive, Nashville, TN
- Site: 20 acres
- Improvements: 3,600 SF building
- Price: Undisclosed
- Key Features: Large infill IOS yard near downtown Nashville, sold by an IG Logistics affiliate
- Buyer Lead: Timothy McCahill, Transport Properties
- Broker / Deal Team: Nick Murphy, Eastdil Secured; Daniel Glaser, IG Logistics