Industrial Outdoor Ventures completed the acquisition of adjacent industrial outdoor storage assets on Hightower Drive in Garland, Texas, northeast of Dallas.
IOV now operates seven IOS and truck parking assets in the Dallas marketplace.
Combined, the newly acquired properties total 5.74 acres with almost 26,000 square feet of buildings. The properties are available for lease to a single user or individually. The owner of the property was a national transportation and logistics firm.
The larger of the two properties, located at 2210 Hightower Drive, is a 3.57-acre asset with an 18,564-square-foot building. The concrete yard area can accommodate parking for 56 trailers. The building, which can be utilized for warehouse and/or maintenance, features 20’ clear ceilings and six grade-level drive-in doors.
The second property, located at 2130 Hightower Drive, is a 2.17-acre facility, with a 7,368 square foot building. The concrete yard area can accommodate parking for 25 trailers. The drive-through service building is 70’ deep with eight 14’ drive-in doors.
In the aggregate, IOV operates seven DFW assets totaling 72.7 acres with approximately 100,000 square feet of buildings for storage, maintenance and complementary uses.