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Catalyst IOS Announces $163.5 Million Sale of 18-Property Industrial Outdoor Storage Portfolio

Published 2 days ago via Business Wire

Transaction comprises two separate portfolio recapitalizations across 7 high-barrier-to-entry East Coast markets

Catalyst Investment Partners (“Catalyst”), one of the largest owners and operators of industrial outdoor storage (“IOS”) properties, is pleased to announce the successful sale and recapitalization of two IOS portfolios totaling 18 properties valued at $163.5 million with a large state pension fund (the “Portfolios”). The Portfolios span 7 high-barrier-to-entry, supply constrained markets across the East Coast, acquired over the past four years by Catalyst’s first and second IOS funds. The Portfolios are leased to high-quality tenants across a diverse range of industries, including equipment rental, e-commerce, logistics, home services, building materials and infrastructure, among others.

"We are thrilled to complete these sale and recap transactions, which represent a significant milestone for the firm and a further deepening of our IOS realized track record. This further strengthens our long-term conviction in IOS as an emerging asset class,” said Dan Haroun, Co-Founder and Partner of Catalyst Investment Partners.

“IOS portfolios are in high demand from a wide range of institutional LPs including pension funds, sovereign wealth funds, public and private REITs, and insurance companies. These transactions represent the further maturation of the IOS marketplace, and we are fortunate to be among a few companies driving this sector forward,” said Max Heiden, Co-Founder and Partner of Catalyst Investment Partners.

Catalyst has raised over $400 million of equity to invest in IOS over the last four years from a diverse investor base, including state pensions, endowments, foundations, wealth managers, and family offices. In March 2024, Catalyst closed its second IOS fund oversubscribed with $187 million in discretionary capital commitments.

For more information about Catalyst Investment Partners and its investment strategies, please visit www.catalystios.com.

About Catalyst Investment Partners

Catalyst Investment Partners is a vertically integrated real estate investment firm specializing in the acquisition, management, and leasing of industrial outdoor storage properties. Catalyst invests in supply-constrained markets where its team of 25 dedicated IOS professionals utilize institutional expertise, discretionary capital and proprietary technology to deliver attractive returns for its investors in a fragmented and opaque sector. Catalyst’s portfolio of IOS properties spans over 75 sites across densely populated, high-barrier-to-entry East Coast markets of the United States.

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