The industrial outdoor storage (IOS) sector has become one of the most sought-after niches within industrial real estate in the past five years, with increasingly more institutional investors allocating funds to invest in the niche.
IOS properties are industrial properties that often have a large outdoor component, which are used for storage, heavy industrial uses, or truck and vehicle parking. Some facilities have little or no building improvements, while others have equipment service or warehousing facilities, and a small business or administrative office component.
Typical IOS users range from logistics companies like XPO, FedEx, UPS, and Amazon, to local landscaping and building supply companies, as well as utility and school bus companies.
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