**Alterra IOS Acquires 12-Site, 43-Acre Portfolio Across Key U.S. Markets**
Alterra IOS has announced the acquisition of 12 industrial outdoor storage (IOS) sites, totaling 43.3 usable acres and encompassing more than 165,000 square feet of warehouse space. The properties are strategically located in major metropolitan areas including Austin, Phoenix, Raleigh-Durham, Sacramento, and Tampa.
Each of the newly acquired properties is fully leased and was built-to-suit for its tenants, reflecting strong demand in the equipment rental sector. The portfolio acquisition was facilitated by Rory Shelby and Scott Gould of Marcus & Millichap.
“The sale of this multi-state portfolio highlights the significant demand we’re seeing for blue-chip, institutional-quality equipment rental assets in top markets, where supply is extremely limited,” said Rory Shelby.
Mark Gannon, Senior Vice President of Acquisitions at Alterra IOS, added, “As the equipment rental sector continues to consolidate, we’re seeing rising demand for well-located, high-quality IOS sites that enable these companies to best serve their customers.”
