Articles from Alterra IOS

Alterra IOS (“Alterra”), a prominent player in the industrial outdoor storage (“IOS”) sector that has acquired over 300 sites nationwide, today announced the closing of $189 million in financing from Blackstone Mortgage Trust Inc. (NYSEBXMT). The funding was secured for assets acquired in Alterra’s latest venture. Alterra has now secured over $1 billion in lender financing for the fund, which closed in May 2024 at $925 million in total commitments, exceeding the original fundraising goal of $750 million and reaching its hard cap.
By Alterra IOS · Via Business Wire · February 18, 2025

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 300 sites nationwide, today announced the acquisition of four IOS properties totaling 34.9 usable acres in the Dallas-Fort Worth metropolitan area. The parcels include 8738 Forney Road in Dallas; 2260 Market St. in Garland; 7050 Jack Newell Blvd. South in Fort Worth; and 2420 113th St. in Grand Prairie.
By Alterra IOS · Via Business Wire · January 16, 2025

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 300 sites nationwide, today announced the acquisition of a 15.2 usable acre facility in the Inland Empire metropolitan area. The Class A parcel, which underwent significant capital improvements in the last 12-18 months, is equipped with a concrete yard and a new 25,910-square-foot maintenance facility.
By Alterra IOS · Via Business Wire · December 23, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 280 sites nationwide, today announced the acquisition of three IOS sites totaling 23.2 usable acres in the Portland metro area. The parcels include the following locations: 6433 SE Lake Road in Milwaukie, Oregon; 4000 NE Columbia Boulevard in Portland, Oregon; and 17804 Shank Road NE in Hubbard, Oregon.
By Alterra IOS · Via Business Wire · December 9, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 280 sites nationwide, today announced the partial delivery of a 21.6 usable acre industrial outdoor storage facility located in Charleston, South Carolina. The project was developed in partnership with ARCO, a nationally recognized real estate design and construction firm, and is a build-to-suit for tenant Heniff Transportation Systems, LLC, a leading national liquid bulk services provider.
By Alterra IOS · Via Business Wire · November 14, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 280 sites nationwide, today announced the acquisition of seven IOS sites totaling 23 usable acres. The sites are fully leased to a national leader in telecommunications and broadband networks. Each parcel is strategically located across metropolitan areas in Dallas, Minneapolis, Indianapolis, Chicago, Nashville, Cleveland, and St. Louis.
By Alterra IOS · Via Business Wire · November 11, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 280 sites nationwide, today announced the sale of a 51-property portfolio to Peakstone Realty Trust in an off-market transaction valued at $490 million. The portfolio, which spans 14 states, was purchased from a joint venture between Alterra IOS and institutional investors advised by J.P. Morgan Asset Management. It includes 45 operating sites and six redevelopment sites. The operating sites are 100% leased to a diverse range of leading national and regional tenants.
By Alterra IOS · Via Business Wire · November 5, 2024

Alterra IOS, an institutional investor in the industrial outdoor storage (“IOS”) sector that has acquired over 280 properties nationwide, today announced the acquisition of three IOS sites totaling 14 usable acres in the Chicago metropolitan area. The parcels include 2201 East Higgins Road in Elk Grove, Illinois; 22634 South Frontage Road East in Minooka, Illinois, and 300 W. Chicago Ave. in East Chicago, Indiana.
By Alterra IOS · Via Business Wire · October 9, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector which has acquired over 270 properties nationwide, today announced the acquisition of four IOS properties totaling 17 acres in the Houston metropolitan area. The sites include 8121 & 8223 Parkside Avenue in Baytown, Texas, 5100 Underwood Road in Pasadena, Texas and 9002 Wayfarer Lane in Houston, Texas.
By Alterra IOS · Via Business Wire · September 12, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 270 properties nationwide, today announced the acquisition of three IOS locations totaling 12.4 acres — two within the Tampa Bay metropolitan area and one east of Tampa. The properties are conveniently located within minutes of downtown Tampa, offering ease of access to Port Tampa Bay, Tampa International Airport, and a network of interstate highways.
By Alterra IOS · Via Business Wire · August 26, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector which has acquired over 270 properties nationwide, today announced the acquisition of two IOS properties totaling 22.3 acres within the city of Columbus, Ohio. The sites include 4080 Business Park Drive and 2222 New World Drive.
By Alterra IOS · Via Business Wire · August 1, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 270 properties nationwide, today announced the acquisition of three IOS properties totaling 28 acres in the Atlanta metropolitan area. The locations include the following: 0 Liberty Industrial Park in McDonough, Georgia; 2620 Campbell Boulevard in Ellenwood, Georgia; and 498 Tuggle Greer Drive in Buford, Georgia.
By Alterra IOS · Via Business Wire · July 10, 2024

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector managing a portfolio of over 270 properties as of Q2 2024, today announced the successful acquisition of a 6-acre IOS site in Orlando, Florida.
By Alterra IOS · Via Business Wire · June 26, 2024