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…
🔥 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.