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Alterra IOS Expands in Columbus, Ohio with Two Key Property Acquisitions

Alterra IOS Expands in Columbus, Ohio with Two Key Property Acquisitions

Slice of Real Estate Team
August 07, 2024

Key Highlights:

Alterra IOS acquires 22.3 acres across two properties in Columbus, Ohio.
Properties provide prime access to major highways, rail networks, and airports.
Strategic locations bolster connectivity to Midwest logistics and transportation hubs.

Source (Business Wire)

Notable Quote:

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“Alterra IOS continues to expand our footprint in a key Midwest industrial and logistics market with the acquisition of two strategically located, infill IOS properties. Both properties reinforce our commitment to providing high-quality industrial outdoor storage solutions to our tenants.”

Parker Pearson, Vice President of Acquisitions at Alterra IOS

Our Take:

Alterra IOS's strategic acquisitions in Columbus, Ohio, mark a significant expansion in a crucial Midwest market, enhancing their industrial and logistics capabilities. The prime locations of 4080 Business Park Drive and 2222 New World Drive, with their close proximity to major transportation hubs and interstates, underscore Alterra's commitment to providing top-tier outdoor storage solutions. These acquisitions not only improve connectivity for tenants but also solidify Alterra's position as a leading player in the industrial outdoor storage sector. This move is expected to attract more businesses seeking robust infrastructure and seamless logistical support in the Midwest region.