INDUSTRIAL OUTDOOR STORAGE · EST. 2025 BOISE, ID
Target Markets

Coverage where the freight actually moves.

TRX IOS targets U.S. markets with large transportation infrastructure: ports, intermodal rail hubs, international land ports, and major air cargo operations.

Markets
32
Regions
5
Nationwide reach
U.S.
Headquarters
Boise, ID

·32 Markets, 5 Regions

6 markets East Coast Ports & Inland Gateways

Newark

NJ

Epicenter of East Coast logistics. Port of NY/NJ is the busiest East Coast port (~9.5M TEUs). Industrial rents $14–$18+/SF NNN; IOS land trades at $1–3M+/acre. Over 3,000 drayage trucks operate in the port market. Arguably the most compelling IOS market in the country.

Baltimore

MD

Top U.S. port for autos, roll-on roll-off, and construction machinery. Howard Street Tunnel expansion enables double-stack rail for the first time. Tradepoint Atlantic has delivered 15M+ SF of modern logistics space. MPA has invested $1B+ in modernization.

Norfolk

VA

Third-largest East Coast container port (~3.7M TEUs) with the deepest channels on the East Coast at 55 feet. Norfolk Southern's Heartland Corridor provides direct double-stack service to Columbus and Chicago. Port has committed $1.4B+ through Vision 2065.

Charleston

SC

Eighth-largest U.S. port (~2.8M TEUs) with consistent 5–10% YoY growth. Leatherman Terminal is the first new U.S. container terminal in over a decade; channel deepened to 52 feet in 2022. Industrial vacancy 3–5%, among the tightest in the Southeast.

Savannah

GA

Largest single-terminal container facility in North America (~5.8–6.0M TEUs). Mason Mega Rail doubled on-dock rail capacity to 2M lifts/year, the largest near-dock rail facility on the continent. Hyundai's $7.6B EV plant is adding logistics demand. CBRE ranks Savannah among the top markets for both rent premium and momentum.

Jacksonville

FL

Intersection of I-95 and I-10, one of few East Coast cities with both corridors. CSX is headquartered here; JAXPORT handles 1.4M+ TEUs. Over 30M SF of recent industrial development. Florida tax environment continues to drive relocations.

6 markets Gulf Coast & Cross-Border

Houston

TX

#1 U.S. port by tonnage, 4M+ TEUs. Project 11 channel deepening to 51.5 feet underway. Industrial market of ~625M SF with significant petrochemical-driven flatbed, tanker, and specialized trucking demand. IOS land particularly scarce in core industrial areas.

Miami

FL

Primary U.S. gateway to Latin America. PortMiami plus Port Everglades provide dual-port access with 2M+ combined TEUs. MIA handles ~80% of U.S./Latin America air freight. Industrial vacancy 2–3% with $13–15+/SF NNN rents. Severe supply constraints make IOS exceptionally scarce.

Tampa

FL

Largest Florida port by tonnage. I-4 corridor to Orlando is one of the hottest industrial corridors in the Southeast. Industrial vacancy 4–6%; Tampa Bay metro of 3.2M+ is among the fastest-growing in the country.

Laredo

TX

#1 U.S. inland port by trade value ($300B+ annually). World Trade Bridge processes 12,000–16,000+ trucks per day. ~35–40% of all U.S./Mexico truck trade crosses here. Industrial vacancy 3–5%; per-capita IOS demand among the highest in the nation.

El Paso

TX

U.S./Mexico border crossing serving Ciudad Juárez (300+ maquiladoras). TxDOT identifies El Paso as a critical truck parking deficit corridor with a projected 30% shortfall by 2030. Nearshoring is the dominant growth driver.

San Diego

CA

Otay Mesa is the busiest commercial land port in California ($50B+ in border trade). Tijuana's 300,000+ maquiladora workforce drives constant northbound flow. Industrial vacancy 3.5–5.5% with Otay Mesa below 3%. New Otay Mesa East POE under development.

8 markets Major Inland Logistics Hubs

Chicago

IL

#1 intermodal hub in North America, handling ~25% of all U.S. intermodal traffic. Six Class I railroads converge here. CenterPoint Intermodal Center in Joliet/Elwood is one of the largest master-planned inland ports in the U.S. Massive drayage volume drives IOS demand throughout the I-80 corridor.

Dallas (DFW)

TX

#1 or #2 nationally for industrial absorption most years since 2019. UP Dallas and BNSF Alliance intermodal facilities handle millions of lifts. IOS vacancy below 3%. DFW is short approximately 3,000 dedicated truck-parking spaces, the nation's #2 trucking market.

Atlanta

GA

#1 inland logistics hub in the U.S. and largest Southeast distribution market. Primary inland distribution point for Savannah and Charleston ports. 60M+ SF of warehouse space along I-75/85/20. Every major national LTL and TL carrier maintains a terminal here.

Memphis

TN

Ultimate multimodal hub. #1 cargo airport in North America (FedEx World Hub). Five Class I railroads, more than any other North American city. #4 inland port on the Mississippi. Tennessee tax environment. FedEx ecosystem alone drives enormous IOS demand.

Kansas City

MO/KS

Top-five U.S. rail hub served by four Class I railroads, including the unique CPKC single-line connection from Canada through the U.S. to Mexico. CBRE ranks Kansas City as the #1 market in the country for IOS rent premium over traditional industrial (+58.5%).

Indianapolis

IN

"Crossroads of America." More interstate highways converge here than any other U.S. city. FedEx #2 U.S. hub (3.5–4M packages/day peak). Within one day of 75–80% of the U.S. population. Central position makes it a natural long-haul relay point.

Columbus

OH

Within 10 hours of ~60% of U.S. and Canadian population. Rickenbacker Inland Port is the region's anchor. Top-five nationally for absorption relative to inventory. Intel's semiconductor fab will add 10,000+ direct jobs.

Cincinnati

OH

Home to Amazon's #1 Air hub ($1.5B Prime Air Hub) and DHL's largest Western Hemisphere hub. CSX Queensgate is among the largest classification yards in the CSX network. I-71/I-75 carries $400B+ in annual freight.

3 markets Mid-Atlantic & Southeast Corridors

Allentown (Lehigh Valley)

PA

One of the fastest-growing eastern logistics corridors. 80 miles from the Port of NY/NJ; within one day of ~40% of U.S. population. NS intermodal in Bethlehem; 40M+ SF of warehouse delivered 2015–2024. Industrial NNN rents roughly doubled since 2018.

Charlotte

NC

Largest city between Atlanta and DC on the I-85 corridor. Both NS and CSX operate intermodal terminals. Within one day of 60%+ of U.S. population. 20M+ SF of recent industrial development; metro growing ~2% annually.

Greensboro (Piedmont Triad)

NC

I-40/I-85 intersection, one of the heaviest truck traffic junctions east of the Mississippi. FedEx Mid-Atlantic hub; Volvo Trucks HQ. Toyota's $13.9B battery plant in Randolph County driving additional logistics demand.

9 markets Western U.S. Ports & Inland Hubs

Inland Empire

CA

Primary inland distribution for LA/Long Beach, the largest port complex in the Western Hemisphere (~9.9M TEUs, ~40% of U.S. containerized imports). 600M+ SF industrial inventory. Identified by FHWA Jason's Law as one of the most underserved truck parking areas nationally.

Kent (Seattle-Tacoma)

WA

Northwest Seaport Alliance is the #4 North American container gateway (~3.5–4M TEUs). Kent Valley is the largest contiguous industrial district in the PNW (~75–80M SF) and essentially built out, giving operators of existing yard parcels a structural advantage.

Phoenix

AZ

~350 miles from LA/Long Beach; primary overflow distribution point. Knight-Swift HQ. 350M+ SF industrial inventory. TSMC's $40B+ fab under construction. CBRE ranks Phoenix among the highest-momentum IOS markets in the country.

Las Vegas

NV

~270 miles from LA/Long Beach, among the closest major metros to the busiest U.S. port. I-15 is one of the heaviest western freight corridors. Nevada tax environment. 40M+ annual visitors drive hospitality logistics demand.

Reno

NV

Anchored by Tahoe Reno Industrial Center, the largest industrial park in the Western Hemisphere (~107,000 acres). Within one day of 50M+ consumers across seven western states. Tesla Gigafactory, Walmart, PetSmart, and Switch are on-site. Nevada's no-income-tax advantage over California.

Salt Lake City

UT

"Crossroads of the West" at I-15/I-80. Utah Inland Port (~16,000 acres) is one of the largest inland port projects in the U.S. 200M+ SF industrial inventory. Utah GDP growth consistently outpaces national average.

San Antonio

TX

I-35/I-10 crossroads, natural waypoint for Laredo border freight. Many carriers stage trailers here before or after border crossings. Toyota plant drives supplier logistics; H-E-B regional distribution. IOS land more available and affordable than DFW or Houston.

Denver

CO

Primary inland logistics hub for the Rocky Mountain region. BNSF Logistics Park Colorado and UP intermodal in Commerce City. DIA is the #3 busiest U.S. airport. 30–40M SF added 2020–2025; NNN rents up 40–50% since 2019.

Boise

ID

Strategic I-84 position connecting Portland and Seattle ports to the interior West. Micron's $15B CHIPS Act–backed fab expansion will drive ~17,000 direct and construction jobs. Industrial vacancy 2–4% historically; one of the most compelling emerging IOS markets in the West.

·All 32 Markets

East Coast Ports & Inland Gateways

  • Newark NJ
  • Baltimore MD
  • Norfolk VA
  • Charleston SC
  • Savannah GA
  • Jacksonville FL

Gulf Coast & Cross-Border

  • Houston TX
  • Miami FL
  • Tampa FL
  • Laredo TX
  • El Paso TX
  • San Diego CA

Major Inland Logistics Hubs

  • Chicago IL
  • Dallas (DFW) TX
  • Atlanta GA
  • Memphis TN
  • Kansas City MO/KS
  • Indianapolis IN
  • Columbus OH
  • Cincinnati OH

Mid-Atlantic & Southeast Corridors

  • Allentown (Lehigh Valley) PA
  • Charlotte NC
  • Greensboro (Piedmont Triad) NC

Western U.S. Ports & Inland Hubs

  • Inland Empire CA
  • Kent (Seattle-Tacoma) WA
  • Phoenix AZ
  • Las Vegas NV
  • Reno NV
  • Salt Lake City UT
  • San Antonio TX
  • Denver CO
  • Boise ID