Annapolis, Md. (October 8, 2025) – Realterm, a global real assets investment manager focused on the transportation industry, in a joint venture partnership with institutional investors advised by J.P. Morgan Asset Management, announced today the acquisition of a seven-property, national industrial outdoor storage (IOS) portfolio strategically located across key U.S. transportation markets. The portfolio includes six highly functional and well-located truck terminals and one truck fleet maintenance facility. CBRE’s Brian Fiumara and Zach Graham represented the seller.

The portfolio totals 312,357 square feet across 74.2 acres, featuring 471 doors with strong in-place tenancy. The properties are 100% leased and well-positioned in highly supply-constrained freight corridors, including Phoenix, Atlanta, Laredo, El Paso, the Inland Empire, Wichita and Central Pennsylvania.

“This portfolio represents an exceptional opportunity to expand our presence in markets where we have proven expertise,” said Stephen Panos, Managing Director, Senior Fund Manager at Realterm. “These well-located facilities will enhance our ability to serve the evolving needs of transportation companies across multiple freight corridors.”

“The strategic positioning of these facilities aligns perfectly with our investment thesis focused on critical transportation infrastructure,” Joe Noon, Senior Vice President, Head of U.S. Investments, Realterm. “The scale of this acquisition significantly deepens our ownership in truck terminals nationally, reinforces our position as a leader in the transportation real estate sector, and grows our relationships with trusted partners and tenants.”

“The industrial outdoor storage sector continues to demonstrate strong fundamentals, driven by strong demand for well-located logistics assets in supply-constrained markets,” said Josh Myerberg, Head of Portfolio Strategy for Core and Core Plus, Real Estate Americas at J.P. Morgan Asset Management. “This acquisition reflects our strong conviction in highly functional transportation assets and highlights the growing importance of IOS in supporting supply chain operations nationwide.”

This acquisition further supports Realterm’s commitment to expanding its market-leading portfolio of transportation-focused real assets in key logistics corridors across North America. The company’s specialized focus on the transportation industry enables the identification and capitalization of investment opportunities in this essential sector of the economy.

About Realterm

Realterm is a global investment manager focused on real assets for the transportation industry. The firm acquires, develops, finances and manages differentiated real estate and infrastructure assets serving land, air, sea and rail networks across the world. Realterm currently manages over 400 investments totaling in excess of $13 billion USD in assets under management on behalf of its partners.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management is a global leader in alternatives, with over 60 years of experience managing alternative investments, including real estate, private equity, private credit, liquid alternative products, infrastructure, transport, hedge funds, and forestry. As of June 30, 2025, J.P. Morgan oversees more than $400 billion in alternative assets. J.P. Morgan Asset Management manages over $79 billion in real estate assets globally.

J.P. Morgan Asset Management, with assets under management of $3.8 trillion (as of 6/30/2025), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information, visit: www.jpmorgan.com/am

About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.6 trillion in assets and $357 billion in stockholders’ equity (as of 6/30/2025). The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Joe Noon

Senior Vice President,
Head of Investments,
United States

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Stephen Panos

Managing Director,
Senior Fund Manager

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