Just Closed: Honest Airport Expansion

LA JOLLA, CA, September 30, 2025 – Legacy West Partners is pleased to announce the expansion of the Honest Airport Industrial property through the acquisition of an additional 1.3-acre adjacent land parcel. With this purchase, the property now totals approximately 2.7 acres of undeveloped land, strategically positioned for conversion into high-demand industrial outdoor storage (IOS) space. The acquisition also enables through-street access, enhancing traffic flow and overall site functionality.

Originally acquired 12 months ago, Honest Airport Industrial achieved full stabilization within eleven months, underscoring the effectiveness of our hands-on management and proactive asset strategy. The property’s location, adjacent to the Chattanooga Metropolitan Airport, positions it as a prime destination for tenants requiring direct access to a growing transportation and logistics hub, with our team currently in the final phase of discussions with such users.

This expansion aligns with our broader strategy to grow near the airport, which is in the midst of a 10-year expansion plan. With the addition of this land and increased IOS capacity, Honest Airport Industrial underscores Legacy West Partners’ commitment to delivering high-quality, strategically located industrial assets in key growth markets. For continued updates on market trends, economic outlooks, and future acquisitions, we invite you to subscribe to our Monthly Newsletter and join our Investor Network to potentially be contacted with new opportunities as they arise.