ALTO Real Estate Funds announced the acquisition of a 24-acre industrial site in northeast Austin’s Pflugerville submarket. The site is located at the intersection of Cameron Road and State Highway 130 — America’s fastest highway and Austin’s most critical logistics artery.
This acquisition is the sixth industrial ground-up project and marks a significant milestone in ALTO’s continued expansion across the Texas logistics market. The opportunity initially surfaced in mid-2024 and evolved into a structured transaction by year-end. Over the subsequent months, ALTO worked closely with the seller to finalize a complex permitting process that had been under way for nearly two years, highlighting the long and complex entitlement timelines typical of the Austin market.
With permits now secured, ALTO plans to break ground in third quarter 2025 on two state-of-the-art rear-load industrial buildings, each spanning 126,000 square feet (252,000 square foot total). Each
