Newmark Launches Industrial Outdoor Storage Practice, Expanding Capabilities Across North America
PR Newswire•19/10/2026•15:00 ET
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Key Highlights
- ➤Newmark launches dedicated IOS practice spanning advisory, leasing, capital markets and occupier solutions
- ➤IOS rents rose 123% from 2020 to 2025, more than double bulk warehouse growth
- ➤IOS vacancy was 5.8% in midyear 2026 versus 7.4% for overall industrial
- ➤Newmark specialists advised on a 15-property, 1.53-million-square-foot IOS sale-leaseback
- ➤IOS supply remains constrained by zoning and entitlement challenges across an estimated 1.4 million U.S. acres
Expert Statements
Jack Fraker, President, Global Head of Industrial & Logistics, Capital Markets at Newmark
“Industrial outdoor storage has evolved from a fragmented real estate niche into a critical component of modern supply chains and industrial operations.”
Jack Fraker, President, Global Head of Industrial & Logistics, Capital Markets at Newmark
“As IOS has become increasingly important to both occupiers and investors, demand for well-located assets has continued to accelerate, driving rent growth that has significantly outpaced traditional bulk warehouse space over the past decade.”
Mike Viehmann, Managing Director at Newmark
“Whether supporting transportation fleets, construction and infrastructure companies, equipment operators or logistics providers, industrial outdoor storage facilities play an essential role in keeping goods and services moving.”
Reid Halverson, Senior Managing Director at Newmark
“Newmark's dedicated IOS business delivers deeper market knowledge, stronger collaboration and broader access to opportunities nationwide. By connecting professionals across key markets, we can provide clients with insights informed by leasing, ownership and investment activity throughout the sector.”
Stephen Bailey, Vice Chairman and Co-Head of Texas Capital Markets at Newmark
“IOS has become a meaningful part of our capital markets business, and this practice allows us to integrate that work with agency leasing, tenant representation, owner-occupier solutions and corporate M&A advisory nationwide, giving owners, investors and occupiers targeting the sector a comprehensive offering.”
Newmark Launches Industrial Outdoor Storage Practice, Expanding Capabilities Across North America PR Newswire
Specialized advisors will serve owners and occupiers of industrial outdoor storage (IOS) assets, a property type whose rents have risen 123% since 2020, more than double the growth of bulk warehouse.
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