Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Bay Street Capital and Drake Real Estate have formed a joint venture aiming to build a $100M portfolio this year of industrial outdoor storage properties, a hot sector drawing the attention of institutional investors as tight industrial markets increase the value of these infill properties, mainly in urban centers.

“We believe IOS is experiencing similar trends to traditional industrial real estate while offering a more attractive return profile. Furthermore, IOS offers resiliency for investors in an economy facing headwinds,” said Jeremy Stenberg, principal of Bay Street, in prepared remarks.


GlobeSt Net Lease Fall 2022Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.