Alterra IOS expands with truck terminal portfolio

The ten locations span 45 usable acres

PHILADELPHIA, PA — Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 400 sites nationwide, announced the acquisition of a ten-property truck terminal portfolio located across major U.S. industrial and logistics markets.

Collectively, the ten locations span 45 usable acres, include 445 drive-in doors, and have more than 238,000 s/f of accompanying warehouse space. The properties are located in ten unique markets and nine of the ten properties are fully leased to multinational freight carriers.

Each of the newly acquired properties is strategically located near critical transportation infrastructure, including major highways and regional freight corridors, across several key logistics markets. The acquisition represents a measured expansion of Alterra IOS’s national truck terminal footprint, strengthening the firm’s presence in supply-constrained, high-demand locations that support regional distribution.

“Our acquisition of the National Truck Terminal Portfolio enables Alterra IOS to expand in well-positioned markets within key domestic freight corridors,” said Chris White, vice president of acquisitions at Alterra IOS. “With nine of the ten properties fully leased to multinational freight carriers, the portfolio delivers immediate scale and strengthens our footprint in supply-constrained logistics markets.”

The portfolio of IOS sites is located in the following markets, listed in descending order by usable acres:

• Kennesaw, GA (Atlanta MSA): 19.59 usable acres with 151 drive-in doors and 74,000 s/f of warehouse space

• Chester, VA (Richmond MSA): 4.75 usable acres with 40 drive-in doors and 18,730 s/f of warehouse space

• Wallingford, CT (Hartford MSA): 4.25 usable acres with 54 drive-in doors and 46,200 s/f of warehouse space

• Hagerstown, MD (Baltimore MSA): 4.30 usable acres with 28 drive-in doors and 20,000 s/f of warehouse space

• Woodinville, WA (Seattle MSA): 2.45 usable acres with 31 drive-in doors and 11,200 s/f of warehouse space

Salem, VA (Richmond MSA): 2.65 usable acres with 18 drive-in doors and 7,650 s/f of warehouse space

• Orlando, FL (Orlando MSA): 2.77 usable acres with 42 drive-in doors and 18,000 s/f of warehouse space

Chesapeake, VA (Norfolk MSA): 2.40 usable acres with 32 drive-in doors and 14,500 s/f of warehouse space

• Fort Myers, FL (Fort Myers MSA): 2.35 usable acres with 40 drive-in doors and 21,000 s/f of warehouse space

• Raleigh, NC (Raleigh-Durham MSA): 1.96 usable acres with 19 drive-in doors and 8,000 s/f of warehouse space

As a vertically integrated investor, developer and operator of IOS, Alterra’s investment strategy focuses on acquiring prime IOS locations within dense, infill logistics and transportation gateways, ensuring proximity to critical infrastructure and end-users.