Investing

Barriers to entry aren’t just buzz words, it’s real when it comes to industrial outdoor storage (IOS). IOS isn’t hard because of construction costs or competition. It’s hard because, in most major markets, you simply can’t build it anymore. Let’s use our upcoming deal in West Sacramento as an example. As a major logistics and…

After the last few years of uncertainty, higher rates, and slower transaction volume, sentiment is finally starting to shift. We closed 3 deals in December and have 2 more scheduled to close in February and March. But the optimism going into 2026 is not broad based and it is not speculative. It is showing up…

We are pleased to announce that Westlake closed on an industrial outdoor storage (IOS) acquisition on December 24th: 255 Mayock Road, a ±5-acre infill IOS facility located in Gilroy, California, strategically positioned along the US-101 corridor at the southern edge of Silicon Valley. After a prior deal with a national transportation services user fell out…

We are excited to announce that Westlake has closed on an industrial acquisition in San Diego County: 2614 Temple Heights Drive, a 28,900 square foot light industrial facility located in Oceanside, among the most supply constrained industrial submarkets in the country. This transaction was sourced as a distressed acquisition out of bankruptcy, allowing us to…

We are excited to announce that Westlake has closed on its first industrial outdoor storage (IOS) acquisition: 1441 Richards Blvd, a 40,184 square-foot infill IOS site located in the heart of Sacramento’s rapidly transforming Richards Boulevard corridor. This off-market opportunity came to us after a prior buyer fell out of contract, allowing us to step…

We are pleased to announce that we have placed 255 Mayock Rd, a 5-acre IOS property in Gilroy, CA, under contract. The property features several buildings totaling 23,954 square feet. The purchase price is $7.4 million (total anticipated cost is $8.08 million) and we are raising $2.97 million in equity. We expect to close in…

We are pleased to announce that we have placed 3375 Peach Ave, a 7.31 acre industrial outdoor storage (IOS) facility in Clovis, California, under contract. The property features an office building and a warehouse/shop totaling approx. 30,000 square feet. The purchase price is $8.35 million (total anticipated cost is $8.71 million) and we are raising…

When markets get messy, something surprising happens: family businesses often outperform the giants. While institutions freeze or overanalyze (no one wants to stick their neck out there when the safe choice is to do nothing!), family-owned firms keep moving — thinking in decades, not quarters. Last week we toured an industrial outdoor storage (IOS) property on Thursday…

Industrial Outdoor Storage (IOS) has been gaining attention lately as investors hunt for yield in overlooked corners of the industrial sector. But despite the buzz, IOS is still far from institutionalized — and that has real implications for how deals get done, and how they can fall apart. Unlike traditional industrial buildings or multifamily assets,…