Alterra IOS Expands National Presence in Key Markets

Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 400 sites nationwide, said Monday it acquired 11 IOS properties concentrated in major industrial and logistics hubs across the U.S. Terms were not disclosed. All properties are fully stabilized and wholly leased to a national equipment rental company.

The portfolio contains assets near critical logistics and transportation corridors in markets including Chicago, Houston, the San Francisco Bay Area, and Northern New Jersey. The transaction expands Alterra’s national presence in key markets.

“This portfolio is representative of our core thesis – acquiring well-positioned industrial outdoor storage assets with grade level warehouses and supportive IOS zoning,” said Mark Gannon, SVP of acquisitions, Alterra IOS. “These properties can serve a wide range of IOS tenants across multiple industrial sectors, and as such, we expect sustained demand for these specific properties over the long term.”

This transaction was brought to Alterra IOS by Tom Lasky and Anthony VanVoorhis of Colliers.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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