The industrial outdoor storage (IOS) sector continues to experience growth. One company has now concluded a new financing facility, enabling it to further expand its IOS investments. Jadian IOS (JIOS), the IOS subsidiary of Jadian Capital, has secured a USD 300 million acquisition facility from Truist Bank to foster its continued growth. This was first reported by Commercial Observer.
Justin Horowitz of Cooper-Horowitz arranged the facility, which will enable JIOS to add further IOS assets to its portfolio nationwide. Dan Schuchinsky, Managing Director at Jadian Capital, commented: “JIOS has acquired more than 70 properties so far in 2026, and Truist has provided a financing solution that can help us maintain this pace. We look forward to expanding our partnership with Truist to further grow our national footprint.”
Specialisation and Market Penetration
The new facility is backed by eleven existing IOS properties and provides JIOS with sufficient capital for further expansion. Bethesda, Maryland-based JIOS is already active in areas such as sale-leasebacks, the repositioning of existing facilities, and the acquisition of undeveloped land. The platform currently manages approximately USD 2 billion in assets across 30 markets, making it one of the largest IOS companies in the market today.
Truist is an active financier in the IOS sector. In July 2025, the company partnered with BMO to provide Alterra IOS with a USD 344 million credit facility. In October of the same year, it provided USD 100 million in refinancing for a portfolio held by Triten and TPG Angelo Gordon. Alex Rownd, Director in Truist’s Real Estate Corporate Banking Team, noted: “This transaction underscores Truist’s ability to deliver financing solutions that support growth in specialised real estate sectors. Our team is proud to bring deep industry knowledge and execution expertise to structure a facility that provides capital today while preserving flexibility for future acquisitions. We appreciate the opportunity to partner with JIOS and Jadian Capital as they continue to expand their footprint.”
Competition and Market Confidence
The financing was highly competitive, as Justin Horowitz emphasised. Horowitz, a recognised advisor and early mover in the IOS segment, said: “This financing highlights the continued depth and maturity of the IOS debt market, as well as the willingness of leading institutional lenders to provide capital to strong sponsors in this sector. We ran a highly competitive process, and Truist won it due to the strength of the JIOS platform and a portfolio of high-quality assets in high-barrier-to-entry markets.”
JIOS has had a busy year: Most recently, the company refinanced a 46-property IOS portfolio with a USD 226 million loan from Blackstone Real Estate Debt Strategies. In May, it also acquired a 4.3-hectare IOS site in Avenel, New Jersey. In March 2025, Jadian Capital, an investment firm founded in 2017 by Jarret Cohen, which today holds USD 3.4 billion in assets under management and invests across various capital structures with a focus on long-term partnerships with management and operators, raised over USD 2 billion for its second opportunistic equity fund, exceeding its target by 40 percent.
- —Jadian IOS (JIOS) secured a USD 300 million credit facility from Truist Bank.
- —The facility supports JIOS in expanding its Industrial Outdoor Storage (IOS) portfolio across the US.
- —JIOS currently manages approximately USD 2 billion in assets across 30 markets.
- —Truist Bank is active in the IOS sector and views it as a specialised growth area.
