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Alterra IOS acquires four industrial outdoor storage sites in Houston MSA
Transactions - SEPTEMBER 13, 2024

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Alterra IOS acquires four industrial outdoor storage sites in Houston MSA

by RELEASED

Alterra IOS announced the acquisition of four industrial outdoor storage (IOS) properties totaling 17 acres in the Houston metropolitan area. The sites include 8121 & 8223 Parkside Avenue in Baytown, Texas; 5100 Underwood Road in Pasadena, Texas; and 9002 Wayfarer Lane in Houston.

Each property is located within a large industrial swath in the Houston MSA, offering exceptional functionality and convenient access to major highways, shipping ports and airports.

“Alterra has placed a continued emphasis on IOS sites in the Houston market that are proximate to the critical infrastructure and highways that service both the global economy and one of the nation’s largest MSAs,” said Mark Gannon, senior vice president at Alterra IOS. “Houston will continue to be a vital component of Alterra IOS Venture III, Alterra’s latest fund which closed earlier in 2024.”

8121 and 8223 Parkside Avenue, located within the newly developed Bay 10 Business Park, represent

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