Alterra IOS, a player in the industrial outdoor storage (IOS) sector that has acquired more than 500 sites nationwide, announced the acquisition of four IOS properties in the Houston metropolitan area. Collectively, the new properties comprise 12.2 usable acres and 119,808 square feet of accompanying warehouse space, bringing Alterra’s total portfolio across the Houston metro area to 39 properties spanning 338.2 usable acres.
Each site is located within key industrial submarkets with convenient access to major highways and transportation networks. Three of the newly acquired properties are fully leased to companies in occupational safety, construction and equipment rental. The transactions strengthen Alterra’s presence in one of the nation’s largest industrial and logistics markets while advancing the firm’s long-term strategy of acquiring mission-critical IOS properties in proximity to the infrastructure that powers freight movement, equipment storage, fleet parkin