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In 2021, veteran developers Ben Atkins and Daniel Laub founded Zenith IOS, a vertically integrated platform dedicated to compiling one of the largest portfolios of industrial outdoor storage (IOS) ...
Industrial outdoor storage activity has soared in recent years. The product type has a limited supply, high-quality credit tenants and future development opportunities to a higher and better use.
Industrial outdoor storage is what it sounds like: massive parking lots and storage spaces used primarily for trucks, products that can't be stored in a warehouse, and other rental equipment.
Industrial outdoor storage is a relatively new term in real estate, used to describe typically open-air storage areas for trucks, construction equipment or other industrial assets.
In what may be the largest industrial outdoor storage deal ever in New Jersey, Chicago-based Ambient Capital Partners purchased six properties in Harrison and Kearny for $156.3 million.
Towne West Square will host businesses in a new form, with a developer planning to turn the mall into a business park.
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