Texas IOS Market Surges: 11 Key Deals This October
Texas continues to be the nation's proving ground for IOS with 11 key deals this October spanning acquisitions, leases, dispositions, and financing.
Texas IOS Market Surges: 11 Key Deals This October
Texas IOS Market Moves: October 1-15 From institutional joint ventures to off-market trades and major lease activity, Texas continues to anchor the national IOS scene. Here’s a full recap of every transaction, and the dealmakers behind them.
🏗️ Acquisitions
Apricus Realty Capital Buys 6.9 Acres in Houston - Transaction: Sale-leaseback acquisition of 14333 Sommermeyer Street, Houston, TX. - Property: 6.9 acres, 80,295 SF of low-coverage improvements, leased back to CW Metal Products. - Apricus Team: J. Matthew Haley, Garrett Marler, Cort Martin.
Alluvion Partners Acquires in McKinney - Transaction: 1.13 acres at 1501 Mercury Circle, McKinney, TX. - Property: 5,600 SF warehouse, leased to SiteOne Landscape Supply. - Alluvion Team: Dean Taylor (off-market).
CanTex Capital Expands in Fort Worth - Transaction: 3.51 acres at 2560 East Long Avenue, Fort Worth, TX. - Property: 11,988 SF cross-dock terminal. - CanTex Team: Sam Cheema, Romy Cheema. - Broker: Liam Wagner with Younger Partners.
National IOS Enters Wilmer Market - Transaction: 3.18 acres at 602 South I-45, Wilmer, TX. - Property: Fully leased to STRTR Logistics. - National IOS Team: Nathan Rylander. - Broker: Alex Keeton with Stream Realty Partners.
J.P. Morgan / Realterm JV Acquires 74.2-Acre National IOS Portfolio - Transaction: Seven IOS properties totaling 312,357 SF across 74.2 acres, fully leased. - Locations: Atlanta; Phoenix; Laredo & El Paso, TX; Wichita, KS; Central PA; Inland Empire, CA. - Realterm Team: Stephen Panos, Joe Noon. - J.P. Morgan Team: Josh Myerberg. - Brokers: Brian Fiumara, Zach Graham with CBRE (seller: EQT Real Estate).
💼 Dispositions
Four Corners Property Co. Sells 4.73 Acres in Dallas - Transaction: Sale of 4700 Singleton Boulevard, Dallas, TX. - Property: 45,449 SF industrial building, leased to Nucor Steel. - Four Corners Team: Tommy Crowell. - Brokers: David Guinn, Philip Cherrick with Davidson Bogel Real Estate.
DB2RE Closes Two Sales in DFW Metroplex - Transactions: - 9090 Forney Road, Dallas - 2.6 acres, 4,000 SF industrial building. - 10111 Harmon Road, Fort Worth - 2 acres, 7,000 SF warehouse. - DB2RE Team: Philip Cherrick, David Guinn.
Partners Real Estate Sells 44.6 Acres in Katy - Transaction: 29315 Highway Boulevard, Katy, TX. - Property: 50,532 SF industrial building. - Buyer: Timber Hill Group. - Brokers: Hunter Stockard, Wyatt Huff with Partners, repping seller BioUrja.
Cresa Sells 10-Acre IOS in Alvin - Transaction: 4300 Mandale Road, Alvin, TX. - Property: 10,000 SF of combined office and warehouse space. - Brokers: Brandon Wuntch, Drew Altmann with Cresa Houston.
📑 Leasing
NAI Robert Lynn Leases 10 Acres in Houston - Transaction: 5210 Oates Road, Houston, TX. - Property: 10 acres, 10,800 SF industrial building. - Tenant: Global Tank. - Brokers: Trey Erwin, Josh Carl with NAI Robert Lynn (landlord: Peakstone Realty Trust).
Cushman & Wakefield Signs 6.03-Acre Lease in La Porte - Transaction: 11100 Highway 225, La Porte, TX. - Brokers: Coe Parker, Kelley Parker, John Littman with C&W (landlord); Nick Bergmann, Jason Dillee with CBRE (tenant).