### Zenith IOS Secures $120M Financing for 30 Industrial Outdoor Storage Assets
A partnership between Brooklyn-based **Zenith IOS** and institutional investors advised by **J.P. Morgan Asset Management** has successfully closed the second and final tranche of a **$120-million financing deal** with **Washington Capital Management**. This deal consists of two loan pools covering **30 industrial outdoor storage (IOS) assets** across multiple regions nationwide.
The financing was arranged by **Justin Horowitz** of **Cooper Horowitz, LLC**, a family-owned capital advisory firm specializing in debt and equity placement across various real estate sectors.
“This execution demonstrates how the industrial outdoor storage sector continues to mature and attract interest from a wide variety of capital partners,” said **Daniel Laub**, COO and co-founder of **Zenith IOS**. “We continue to see and embrace the institutionalization of the IOS sector as capital sources—both debt and equity—seek to invest in what they increasingly view as an essential asset class.”
The financed assets are strategically diversified across Zenith’s target markets, where **strong tenant demand** for IOS properties aligns with **a limited infill supply**.
*Pictured: Zenith IOS’ 2222 N Wayside Dr., Houston.*
