Moir Park II Industrial
Various
Moir Park is a collection of 17 industrial outdoor storage assets totaling 309,340 square feet, on a total of 80.1 acres, spread across various locations.
17
309,340 SF
Investment Highlights
MOIR PARK II INDUSTRIAL
Moir Park II is a collection of 17 industrial outdoor storage (IOS) assets, totaling 309,340 square feet across 80.1 acres. Moir Park II is a highly coveted asset type due to the fenced-in outdoor storage at each location. The outdoor storage increases the assets’ functionality and lease renewal potential.
The portfolio is 100% occupied by nine single-tenant users with strong credit profiles, including United Rentals Realty, LLC (S&P: BB+), Herc Rentals, Inc. (S&P: BB), FedEx Grounf Package System, Inc. (S&P: BBB), and Sunbelt Rentals, Inc. (S&P: BBB-). The portolio has a 4.7-year remaining lease term at acquisition and is primarily leased by tenants who operate in heavy industrial equipment sales and use the properties as regional hubs, making the assets mission-critical to their operations.
CONTACT
Tim Donovan
414.795.5849
tim@midloch.com
CONTACT
Gabriella Garcia
312.625.7162
gabriella@midloch.com