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Alterra IOS Secures 30 New Leases and Renewals

Alterra IOS announced significant leasing velocity during Q2 and Q3 2025.

Alterra executed 30 total new leases and renewals across its portfolio this summer, leasing multiple sites to a diverse mix of national and publicly traded tenants in industries including logistics and fleet management, equipment rentals, renewable energy, waste management, automotive manufacturing and specialty construction.

The recent leasing activity spans 23 distinct markets in 21 states, and includes 18 new leases and 12 renewals. “Alterra is well-positioned to capitalize on these market dynamics as we strategically expand our portfolio of mission-critical IOS assets in target markets,” said Matt Pfeiffer, Managing Partner and Chief Investment Officer of Alterra IOS.

The influx in leasing activity this summer was concentrated in high-demand logistics markets that continue to demonstrate strong fundamentals for IOS assets, driven by proximity to major transportation corridors, increasing infrastructure investment and economic growth.

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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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