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| Blake Rodgers |
IOS properties are
within a sub-segment of the Industrial asset class that serve the needs of the
transportation, logistics, and construction sectors.
IOS sites are categorized as having less than
20% building coverage and are zoned for industrial uses that allow the outdoor
storage of vehicles, products, construction equipment and materials, or
containers.
Steel Peak will seek
to acquire IOS properties throughout Southern California with capitalized
values ranging from $5 million to $50 million. The firm invests directly and in
partnership with institutional investors and high net-worth investors.
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| Pasha Johnson |
“Our
experience collaborating with major IOS tenants has provided us with in-depth
knowledge of their requirements. This positions us to identify properties
tailored to their specific needs, often securing opportunities that would
typically remain off-market. Our strategies span value-add, re-leasing, sale
lease-back, and built-to-suits among others.”
Steel Peak Properties
Principal and Co-Founder Pasha Johnson said “Generally, when LP equity partners
love an asset class and most lenders still hate it, there is a window of
opportunity. We will target a wide range of IOS sites including contractor
yards, equipment rental facilities, maintenance facilities, trailer yards,
truck terminals, and fleet storage facilities.”
IOS facilities serve
as the backbone of the U.S. Supply Chain and are mission critical for the
companies that need outdoor storage to operate their businesses. It is
estimated that the highly fragmented IOS market is a $200-billion asset class
within the United States.
CONTACT:
David
Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
Member of the National Association of Real
Estate Editors (NAREE)
“PR Strategist for the Commercial Real
Estate Industry: I do what I love and love what I do.”
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