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Alterra IOS Expands with National Truck Terminal Portfolio Acquisition
Alterra IOS has acquired a ten-property truck terminal portfolio located across major U.S. industrial and logistics markets.
Collectively, the ten locations span approximately 45 usable acres, include 445 drive-in doors, and have more than 238,000 square feet of accompanying warehouse space. The properties are located in ten unique markets, and nine of the ten properties are fully leased to multinational freight carriers.
Each of the newly acquired properties is strategically located near critical transportation infrastructure, including major highways and regional freight corridors, across several key logistics markets. “Our acquisition of the National Truck Terminal Portfolio enables Alterra IOS to expand in well-positioned markets within key domestic freight corridors,” said Chris White, Vice President of Acquisitions at Alterra IOS.
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