- Slice of Real Estate
- Posts
- Alterra IOS Expands Tampa Presence with Strategic Acquisitions
Alterra IOS Expands Tampa Presence with Strategic Acquisitions
Slice of Real Estate Team
August 29, 2024
Key Highlights:
Acquisition of 12.4 acres across three Tampa locations.
Strategic proximity to major transportation hubs including Port Tampa Bay and Tampa International Airport.
Enhancement of national logistics and distribution network access for tenants.
Source (Business Wire)
Notable Quote:
“These acquisitions reflect our ongoing commitment to strategically expanding our portfolio in high-demand markets. By securing these prime locations near major transportation hubs, we are not only enhancing our presence in the Tampa area but also providing our tenants with unparalleled access to critical logistics and distribution networks."
Our Take:
Alterra IOS's strategic expansion into the Tampa area underscores the growing importance of industrial outdoor storage in the national supply chain. By securing locations near key transportation nodes, Alterra not only strengthens its portfolio but also provides essential infrastructure support to businesses reliant on efficient logistics and distribution networks. This move aligns with broader industry trends where proximity to transportation hubs is crucial for operational efficiency, particularly in high-demand markets like Tampa.