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…
We are pleased to announce that we have placed 1441 Richards Blvd, a two building IOS/automotive property in Sacramento, California, under contract. The purchase price is $5.25 million (total anticipated project cost is $6.02 million), and we are raising $2.7 million in LP equity. We expect to close in mid-September. Given the deal’s compelling return…
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,…
As we reach year end, we are gearing up for an active 2025 for acquisitions and development. This has us honing in our investment theses and target markets for both multifamily and industrial (industrial outdoor storage and self-storage). Last week, an article by Jay Parsons on the merits of investing in multifamily in California versus…
