We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Industrial Outdoor Ventures Acquires Low Coverage Industrial Service Facility In Commerce City;
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Industrial Outdoor Ventures Acquires Low Coverage Industrial Service Facility In Commerce City;

Industrial Outdoor Ventures Acquires Low Coverage Industrial Service Facility In Commerce City;
February 24, 2022
No Comments

SCHAUMBURG, IL (February 24, 2022)--Industrial Outdoor Ventures (IOV) has acquired a 14.04 acre low coverage industrial service facility (ISF) in suburban Denver (Commerce City), CO. Simultaneous with its acquisition of the property, IOV named CBRE as the exclusive leasing agent for the property. Financial terms of the transaction were not disclosed.
The Seller of the property was TSL Terminals which had previously occupied the property and utilized it as a stacking yard. The company is consolidating its operations to another Commerce City location.
"With this acquisition we continue to strategically build our portfolio in Colorado,” said Eric Johnson, Senior Vice President of Development & Acquisitions, Industrial Outdoor Ventures. “Our seventh acquisition in the Denver area aligns with our value-add investment strategy and our ability to make improvements and re-tenant the property.”
The ISF is located at 9180 Boston Street, less than three miles from I-70, an east-west interstate highway from Utah to Maryland, and one mile from Highway 4. The 14.04 acre asset consists of a fully-fenced surface yard area. It also features extensive lighting and is fully landscaped.
Additional features of the property include parking for up to 423 trailers, rail service adjacent to the site and a tremendous in-fill location. These features make it ideally suited for truck parking, a laydown yard, material storage or an equipment sales and rental operation.
IOV’s second acquisition in 2022 helps set the stage what the company expects will be an active year for acquisitions across the country. The company is poised to make up to $400 million in acquisitions, building on momentum it established in 2021. Last year IOV made 21 acquisitions totaling 278 acres of yard area and 1.1M square feet of buildings with an aggregated value in excess of $350 million. One of the highlights of 2021 was a 14 property portfolio IOV acquired from Ahern Rentals.
Mike Camp, Senior Vice President, CBRE who represented the Seller in the transaction, has been named as the exclusive leasing agent for the Commerce City asset.

http://www.industrialoutdoor.com/
Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
Transportation Supply Chain Services Special Coverage
KEYWORDS Industrial Outdoor Ventures
  • Related Articles

    Industrial Outdoor Ventures Announces Trumpet Park Industrial Service Facility Spec Development

    Industrial Outdoor Ventures Acquires Two SoCal Assets

    CBRE Brokers Sale of 15-Acre Industrial Site in Aurora, CO, to Industrial Outdoor Ventures

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: top supply chain risk of 2023 is semiconductor shortage

  • Big and bulky last-mile delivery segment set for hot growth

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

Now Playing on DCV-TV

89cfed30 8aac 4284 960d c8c8c1886e16

Have you checked your read rate lately?

DCV-TV 4: Viewer Contributed
No reads. Unaccounted for boxes. Boxes sent to the wrong place. A logistics nightmare! But this nightmare doesn’t have to come true. SICK’s linear line scan camera is what dreams are made of for your logistics operations. And if you’re worried about motion and vibration from conveyor belts...well, there’s no reason...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing