Outpost lands Newark truck terminal, Transport adds Nashville yard
Outpost expanded deeper into the New York-New Jersey corridor with a 12.65-acre truck terminal buy in Newark, while Transport Properties picked up a 20-acre Nashville yard from IG Logistics. Both deals surfaced with named deal teams, which mattered more this week than pricing because sponsors are still keeping valuations private.
🚚 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