Criterion Group has purchased eight industrial outdoor storage (IOS) properties totaling 151 acres for an aggregate purchase price of $45.3 million.
With these acquisitions, Criterion Group’s extensive IOS portfolio expands to 13 states and for the first time includes investments in Virginia and North Carolina.
The company’s latest IOS acquisitions include:
A 57-acre site located at 3340 W. Norfolk Road, Portsmouth, Va.
A 23-acre site located at 1593 Jessie Street and a 9.5-acre site located at 139 Eastport Road, both in Jacksonville, Fla.
A 16-acre site located at 8300 Moores Chapel Road in Charlotte and a 10.38-acre site located at 1891 Jenkins Dairy Road in Gastonia, N.C.
A 15-acre site located at 101 Brookside Lane in East Hartford, Conn.
A 10.38-acre site located at 4600 & 4700 Highway 73 in Port Arthur, Texas.
A 10.11-acre site located at 1286 Milledge Street in East Point, Ga.
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