Alterra IOS Expands in DFW with Acquisition of 34.9 Usable Acres

Author

Slice of Real Estate Team
January 21, 2025

Key Highlights:

  • Alterra IOS has acquired four industrial outdoor storage properties in the Dallas-Fort Worth metro area, spanning a total of 34.9 usable acres.

  • Locations include Dallas, Garland, Fort Worth, and Grand Prairie, all within 20 miles of downtown Dallas.

  • Properties offer prime access to DFW's extensive infrastructure, including highways, airports, and freight transportation.

  • Each property is fully leased to national tenants in building materials, logistics, and lawn care industries.

Source: Business Wire

Notable Quote:

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“Dallas-Fort Worth’s outsized population and economic growth make it an ideal market for IOS investment, as it continues to attract the attention of major national tenants. Alterra’s recent acquisitions each offer tenants convenient access to DFW’s extensive infrastructure and thriving logistics network. We are excited to continue expanding our presence in this dynamic region.”

Mark Gannon, Senior Vice President of Acquisitions at Alterra IOS

Why This Matters:

Dallas-Fort Worth’s rapid population growth and robust economic landscape solidify its position as a hub for industrial outdoor storage demand. Alterra IOS’s strategic acquisitions underscore its commitment to addressing the needs of businesses requiring efficient access to transportation and logistics networks. These properties cater to a variety of industries, supporting critical functions such as equipment storage, material distribution, and fleet operations. This expansion reinforces Alterra’s standing as a leader in the IOS sector, delivering long-term value to tenants and investors alike.