Apricus Acquires Mission Critical IOS Facility in Houston

HOUSTON (July 7, 2026) - Dallas-based Apricus Realty Capital, a leading real estate investment firm specializing in industrial outdoor storage assets (IOS), acquired 11403 N. Houston Rosslyn Rd., an 18.56-acre industrial outdoor storage property located in Northwest Houston.

The property includes approximately 53,000 square feet of warehouse and service facilities on a large-scale pipe storage and distribution yard. The site is strategically located between Beltway 8, U.S. Highway 290 and Interstate 45.

The property is 100% leased to American Piping Products, a leading North American distributor of steel pipe, fittings and related products serving the energy, power generation, chemical processing and industrial sectors.

"This acquisition aligns perfectly with our investment strategy of acquiring mission-critical IOS assets occupied by high-quality industrial users," said Matt Haley, Managing Principal of Apricus Realty Capital.

Garrett Marler, Senior Vice President at Apricus Realty Capital, added: "This asset offers a highly attractive combination of exceptional access, crane-served functionality, significant power capacity, a large laydown yard and limited competing supply in the market."

"Northwest Houston continues to be a focus for Apricus," added Apricus Realty Capital Vice President Cort Martin. "The strong fundamentals and population growth make this area one of the most desirable pockets in Houston for industrial users. It matches our acquisition strategy, which remains focused on IOS assets with strong real estate fundamentals, infill locations, functional improvements and mission-critical tenancy."

Apricus acquired the property in partnership with ABR Capital Partners, continuing the firm's programmatic joint venture focused on IOS and infill industrial aggregation. JLL Debt Advisory Senior Directors CW Sheehan and Jack Britton, Associate Peyton Ackerman and Analyst Nate Henderson represented Apricus in securing debt financing.

The acquisition further expands Apricus Realty Capital's portfolio and reinforces the firm's conviction in IOS as a specialized asset class.

This acquisition is the latest in a series of strategic transactions over the last six months. Earlier this year, Apricus acquired 6110 Chippewa Dr. in Dallas. Apricus also disposed of several IOS assets, generating strong realized returns for investors while validating growing institutional demand for industrial outdoor storage assets, Haley said.

"2026 has been an important year for our platform," Haley said. "We have successfully demonstrated both sides of the investment equation-creating liquidity through profitable monetization while continuing to acquire high-quality assets that fit our long-term investment plans."

Additionally, Marler said, the increasing participation of institutional capital in the IOS sector validates market interest in the asset class.

Apricus continues to pursue new acquisitions, remaining particularly focused on opportunities serving infrastructure, energy, utility, building products and equipment-related users that rely upon outdoor storage as a critical component of their operations.

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 https://www.abrcapital.com.