Apricus Realty Capital Acquires IOS Facility in San Antonio

SAN ANTONIO (Aug. 17, 2026) – Dallas-based Apricus Realty Capital, a leading real estate investment firm specializing in industrial outdoor storage assets (IOS), acquired 8799 Crownhill Blvd., a 53,100-square-foot IOS property situated on approximately 4.3 acres in San Antonio.

The acquisition marks Apricus’ first investment in the San Antonio market and expands the firm’s growing Texas IOS portfolio.

Located immediately adjacent to San Antonio International Airport, the fully occupied property offers direct access to Interstate 410, U.S. Highway 281, Interstate 35 and Interstate 10. The asset features a combination of crane-served warehouse space, maintenance facilities, a concrete storage yard and multiple drive-in loading positions designed to accommodate fleet, construction and industrial users.

“8799 Crownhill represents the type of high-quality, strategically located asset that is central to our IOS investment strategy,” said Cort Martin, Vice President of Apricus Realty Capital. “Its proximity to San Antonio International Airport, strong regional connectivity and combination of industrial and outdoor storage capabilities make it exceptionally well positioned to serve a range of mission-critical users.”

Apricus plans targeted capital improvements designed to enhance the property’s functionality and institutional quality while preserving uninterrupted operations for existing tenants.

“This acquisition exemplifies the type of IOS investment we continue to pursue,” said Matt Haley, Managing Principal of Apricus Realty Capital. “We’re building a portfolio of institutional-quality IOS assets located in major growth markets and leased to businesses that rely on these properties to support their daily operations.”

Apricus strategy focuses on assembling institutional-quality IOS assets across high-growth, supply-constrained markets that serve transportation, logistics, infrastructure, construction and industrial users.

“This acquisition marks our entry into the San Antonio IOS market, which demonstrates attractive fundamentals,” said Garrett Marler, Senior Vice President at Apricus Realty Capital. “This acquisition reinforces our conviction that well-located IOS assets remain one of the most compelling opportunities within commercial real estate, particularly in major Texas markets where replacement costs continue to rise and available supply remains limited.”

Apricus acquired the property in partnership with ABR Capital Partners, continuing the firm’s programmatic joint venture focused on IOS and infill industrial aggregation.

The San Antonio acquisition is the latest in a series of strategic transactions Apricus has completed over the past seven months. This summer, the firm acquired 11403 N. Houston Rosslyn Road, an 18.56-acre IOS property in Northwest Houston. The fully leased property includes approximately 53,000 square feet of warehouse and service facilities and a large-scale pipe storage and distribution yard.

Earlier this year, Apricus acquired 6110 Chippewa Dr. in Dallas. The firm has also successfully monetized several IOS assets, generating realized returns for investors while demonstrating the growing institutional demand for high-quality industrial outdoor storage properties, Haley said.

“2026 has been an important year for our platform,” Haley said. “We have demonstrated both sides of the investment equation by creating liquidity through successful asset monetization while continuing to acquire high-quality properties that align with our long-term investment strategy.”

Apricus remains focused on acquiring IOS properties in high-growth, supply-constrained markets, with an emphasis on assets serving infrastructure, energy, utility, building products and equipment-related users. The firm continues to view IOS as a specialized asset class with strong long-term fundamentals and remains committed to growing its portfolio of mission-critical industrial properties in strategic locations.

 

About ABR Capital Partners

ABR Capital Partners is a Baltimore-based real estate investment manager with a 50-year track record and deep experience across debt and equity investments throughout the United States. ABR is known for its flexible capital solutions, long-standing relationships with best-in-class operating partners, and disciplined approach to investing across the middle market. Since inception, ABR has acquired and financed more than $4.2 billion of assets across 400+ transactions and seven firm-sponsored real estate funds. For more information, please visit www.abrcapital.com.