COLORADO SPRINGS, CO— Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of an STNL industrial outdoor storage (IOS) facility, located at 7925 & 7985 Industry Road in Colorado Springs, Colorado. Matthews™ Vice President Spencer Mason and Associate Jack Kuzio represented the buyer in the transaction.

 

Positioned on a strong corner lot in the Northeast submarket, the 24,000-square-foot property features rare I-3 industrial zoning, a fully paved yard, covered parking, and a low 9% coverage ratio, providing significant outdoor storage functionality. The 6.07-acre asset has been occupied by a global telecommunications company since the 1980s and is leased under an Absolute NNN structure with more than five years on the remaining term.

 

Matthews™ directly sourced the buyer, a repeat client with whom the firm has completed several similar IOS transactions. Leveraging its existing relationship and familiarity with the buyer’s acquisition criteria, the Matthews™ agents identified the asset as a strong fit for the buyer’s expanding Colorado IOS portfolio. By securing an all-cash offer that provided certainty of close and expedited the escrow timeline, Matthews™ maintained close coordination between both parties throughout the process to ensure a smooth closing.

 

“The acquisition of 7925 & 7985 Industry Rd highlights the continued demand for well-located, low-coverage IOS sites leased to strong national tenants, particularly those offering passive ownership through Absolute NNN lease structures,” Mason said. “Assets with this combination of long-term tenancy, functional yard space, and rare zoning remain highly attractive to investors seeking durable industrial opportunities.”

 

For more information, please contact Spencer Mason, Jack Kuzio, or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.