Capitalizing on Scarcity: Capital Markets, Investment and the Institutionalization of IOS
What You’ll Learn:
- IOS trades at 6 to 6.5% cap rates nationally but deals vary widely by market, tenant and location. What are lenders and equity investors actually underwriting?
- Institutional ownership of IOS is still under 10% of the $200B+ market. How fast is that changing and what does consolidation mean for pricing, competition and deal access?
- What does best-in-class IOS asset management look like and how are operators using tenant mix, lease structure and proactive management to maximize NOI?
- A shifting capital markets environment combined with increased sophistication within this asset class is bringing many changes. What market shifts have been observed at the turn of the year?
- New York City saw a 162% increase in IOS activity in the first half of 2025 compared to the same period in 2024. What is driving explosive growth in specific metros?
- With massive funds being raised and growing investor interest, how can stakeholders maintain momentum, capitalize on market trends, and stand out in an increasingly crowded space?
- The five-year average rent growth in IOS hit 8.8%, leading all industrial. What does a long-term hold and management strategy look like?
- As IOS continues to mature, what challenges lie ahead regarding site complexity, financing availability, and competition from institutional investors?
