Alterra IOS has received a passive, minority investment from Almanac, the private real estate arm of Neuberger.
Alterra is one of the nation’s largest owner and manager of industrial outdoor storage assets, having acquired more than 450 properties nationwide. As a vertically integrated investor, developer and operator of IOS, Alterra’s investment strategy focuses on acquiring mission critical IOS locations within dense, infill logistics and transportation gateways and infrastructure hubs, ensuring proximity to demand drivers for tenant end users. Almanac’s investment underscores growing institutional investor confidence in the IOS sector, which is experiencing rapid growth driven by demand from e-commerce and infrastructure in the face of structurally constrained supply.
“Almanac’s successful track record of investing in and growing premier real estate managers, along with its permanent capital and strategic partnerships, will support Alterra’s continued ex
