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Deals

Outpost Acquires Two IOS Facilities Near Shipping Corridors in New Jersey

Tuesday, November 3, 2026 · first reported by Commercial Observer

Outpost, an industrial outdoor storage firm, has bought two northern New Jersey properties, in Kearny and Newark, for $68.5 million. Together they add almost 15 acres to its national IOS portfolio and are positioned to serve nearby maritime ports and Newark Liberty International Airport.

Forbright Bank provided $52.2 million in acquisition financing. JLL Capital Markets arranged that financing as well as the sale. The Kearny site, at 76 Central Avenue, has two small office buildings. The Newark site, at 2120 McCarter Highway, covers 6.9 acres. Outpost is deploying a $1 billion fund. The sellers were not disclosed.

Also named
Forbright Bank, JLL Capital Markets
Deal value
$68.5M
Asset class
Real estate, Infrastructure
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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