Traditional industrial outdoor storage (IOS) has received a lot of attention over the past few years as investors have expanded their search for higher yielding assets. IOS is typically characterized by low ongoing Capex and involves triple-net, multi-year leases of space to a single tenant.
We believe there are a number of opportunities to innovate and profitably invest in IOS. Today, available space is shrinking, while demand from IOS users like logistics companies, construction firms, and independent trucking operators continues to grow. It is an industry that is poised to benefit from leading edge technology and new ways of thinking. NextGen IOS delivers just that.
