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Washington DC & Mid-Atlantic  + Baltimore  + Industrial  |  October 9, 2026
Jasmine Kilman
By: Jasmine Kilman

Alterra IOS Expands Baltimore-Area Footprint with Acquisition

Alterra IOS continues to grow its Baltimore-area footprint with the acquisition of a new, fully leased industrial property at 9729 Philadelphia Road in Rosedale, Maryland.

The site features 4.7 usable acres and 22,500 square feet of building improvements in close proximity to I-95 and I-695. The transaction represents Alterra’s seventh acquisition in the Baltimore MSA. Andrew Meeder of MacKenzie Companies assisted in the transaction.

The property sits in Rosedale, positioning it along a key freight corridor connecting Baltimore with Philadelphia, New York and the broader Northeast. The deal brings Alterra’s Baltimore-area portfolio to a total of seven acquisitions. Baltimore continues to be an attractive market for Alterra, given its tight supply of IOS properties with a vacancy rate of about 2.5%, strong demand from logistics and transportation users, and proximity to the Port of Baltimore. 

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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.
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