Town Lane, a real estate investment management firm, has acquired a 23-property industrial outdoor storage (IOS) portfolio and the launch of a platform venture with Axis Partners, an Atlanta-based industrial owner and operator. The transaction includes a strategic investment by Town Lane in the Axis operating platform, aligning both firms and providing growth capital to accelerate the platform’s expansion.
The portfolio comprises mission-critical, infill IOS assets that support the day-to-day operations of local, regional and national businesses, including contractors, equipment rental companies, distributors, infrastructure providers and service businesses, across high-growth Sun Belt markets such as Atlanta, Dallas, Houston and Nashville. The properties occupy highly functional, difficult-to-replicate locations that serve as essential operating hubs for tenants whose businesses depend on proximity to customers and transportation networks.
Industrial outdoor storage