Realterm adds 24 DFW acres as Jacksonville small-bay IOS trades

Realterm acquired a 24-acre Hutchins fleet maintenance and IOS facility with direct I-45 frontage, while Leifer Properties and Endeavor Capital entered Jacksonville through a small-bay industrial asset with secured outdoor storage. Freight pricing also tightened, reinforcing the operating value of functional yards near highway and port infrastructure.

🔥 The Headliner: Realterm adds South Dallas IOS

Realterm acquired 1096 S. Interstate 45 Service Road in Hutchins, Texas, a functional fleet maintenance and industrial outdoor storage facility in the Dallas-Fort Worth market. The site sits on approximately 24 acres and includes three industrial buildings totaling 43,800 square feet.

**Purchase Price:** Undisclosed
**Property:** 1096 S. Interstate 45 Service Road, Hutchins, TX
**Site:** Approximately 24 acres | 43,800 SF across three buildings
**Seller:** Not yet disclosed
**Buyer Lead:** Ed Brickley, Managing Director and Senior Fund Manager, Realterm; Gianni Vissat, Vice President, Investments, Central Region, Realterm
**Seller Lead:** Not yet disclosed
**Broker / Deal Team:** Not yet disclosed

The asset includes a 24,200-square-foot maintenance facility, a 12,000-square-foot grade-level warehouse and maintenance facility, and a 7,600-square-foot office building. Across the property, the buildings include 23 drive-in doors, nine drive-through maintenance bays, and one wash bay. The yard is fully concrete paved, secured, fenced, and lit.

🔥 Other Deals That Closed (May 18-May 21)

DEAL #2: Jacksonville, FL

Leifer Properties and Endeavor Capital acquired 4850 Collins Road, a 29,040-square-foot small-bay industrial property with a secured outdoor storage yard. The off-market acquisition gives the partnership exposure to Jacksonville's contractor, logistics, and service-tenant demand base.

**Property:** 4850 Collins Road, Jacksonville, FL
**Site:** Acreage not disclosed
**Improvements:** 29,040 SF small-bay industrial with secured outdoor storage yard
**Price:** Undisclosed
**Key Features:** Off-market acquisition, below-market rents, secured yard space, small-bay functionality
**Buyer Lead:** Jonathan Mazzarella, Founder, Endeavor Capital; Max Leifer, Leifer Properties
**Broker / Deal Team:** Not yet disclosed

📈 Operating Context

Truckload spot rate pressure is back in the yard thesis

RXO's truckload spot rate index rose 16.5% year over year in Q1 2026, its strongest growth rate since Q3 2021, while tender rejections reached their highest level since 2022. Contract rates increased 2.4% year over year, and public carriers are now pointing to mid- to high-single-digit contract-rate increases as capacity tightens.

**Practical takeaway:** Higher freight volatility makes well-located IOS and fleet maintenance sites more valuable because operators need places to stage equipment, absorb route disruption, and control maintenance downtime.