Alterra IOS has acquired a two-property industrial outdoor storage portfolio totaling 67,508 square feet in Colorado's Denver and Colorado Springs metropolitan areas.
The transaction involved properties at 995 N 5th Ave. in Brighton and 3240-3250 Astrozon Blvd. in Colorado Springs.
The Brighton property encompasses 4,890 square feet of building space on 4.6 acres, with 2.44 percent site coverage, and is fully leased to a major national equipment rental company. Built in 1982, the steel-constructed facility features 14-foot clear heights and two drive-in doors.
The Colorado Springs asset spans 62,618 square feet across 6.92 acres, with 20.77 percent site coverage, and is leased to an established lumber and building materials company. Constructed in 1981 with recent improvements, including a 2018 standing-seam metal roof installation, the facility features 18-foot clear heights and 10 drive-in doors. The property includes access to a railroad spur, enhancing logis
