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Washington DC & Mid-Atlantic  + Philadelphia  + Industrial  | 

Alterra IOS Acquires Seven Building Portfolio

Alterra IOS has acquired 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. 

“Fully leased to a national telecommunication supply company, this seven-site portfolio provides strategic connectivity near major interstates and logistics hubs,” said Parker Pearson, Vice President of Acquisitions at Alterra.

Below are the locations included in this transaction: This portfolio bolsters Alterra’s regional presence across seven core logistics markets, with all seven sites situated near city downtowns, interstate highways, international airports, and rail networks. CRE Advising facilitated the acquisition of the portfolio. 

Michael Brennan will receive Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!

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    About Jasmine Kilman

    Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.