Alterra IOS has acquired an 8.42 usable-acre site in the Birmingham, Ala., metro area. The newly acquired site features 10,525 square feet of accompanying warehouse space.
Located at 9018 and 9037 Weaver Ave. NE in Leeds, Ala., the property offers immediate access to Interstate 20 and seamless connectivity to downtown Birmingham and the surrounding region. The site is also near U.S. Highways 78 and 411, and is a short distance from Norfolk Southern rail service and the Birmingham-Shuttlesworth International Airport. The property is fully leased to a global leader in the equipment rental industry.
“Birmingham’s central location in the Southeast with connectivity to four key interstate highways, combined with the scarcity of well-located industrial outdoor storage sites, makes this an exceptional market for investment,” said Liam Loftus, acquisitions analyst at Alterra IOS. “This acquisition not only expands our regional footprint but also enables us to serve l
