Alterra IOS Acquires 6-Acre Orlando Site
26 Junio 2024 - 9:31AM
Business Wire
Site primely located adjacent to Route 408 will
help meet growing industrial storage demand in Orlando area
Alterra IOS, a prominent player in the industrial outdoor
storage (IOS) sector managing a portfolio of over 270 properties as
of Q2 2024, today announced the successful acquisition of a 6-acre
IOS site in Orlando, Florida.
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Aerial view of 4777 Old Winter Garden
Road (Photo: Business Wire)
Located at 4777 Old Winter Garden Road, between the Orlovista
and Rock Lake areas, the property features 17,220 square feet of
existing buildings. Just four miles from downtown Orlando, the site
is primely located in near proximity to several arterial freeways
including I-4, Route 408 and Route 435.
"We are thrilled to expand our presence in the Orlando market.
This acquisition is a testament to our strategic vision and
commitment to providing prime industrial spaces in key locations,"
said Chris White, Vice President, Alterra IOS. "The site's
excellent connectivity and the immediate interest from tenants
underscores the value this property brings to our portfolio."
The combination of proximity to beneficial transportation and
interest sparked from tenants in the area gives Alterra the
confidence that this site will lease extremely quickly. There has
been strong lease interest due to the new supply on the Orlando
market, all thanks to Alterra IOS. Today’s acquisition brings
Alterra’s total number of owned sites in the Orlando area to
eight.
About Alterra IOS
Alterra’s industrial real estate platform, Alterra IOS, is
dedicated to providing real estate solutions through property
acquisition, development, management & leasing for tenants in
the heavy industrial & outdoor storage space. Focused on low
building coverage sites with large, stabilized yard space to
accommodate an array of uses such as vehicle, material, and
equipment storage, Alterra brings an institutional comprehension of
the municipal & logistical complexities in securing
mission-critical real estate for the often-overlooked sectors of
the U.S. industrial landscape. Over the past six years, Alterra IOS
has created tenant relationships in the transportation &
logistics, vehicle storage, equipment rental, building materials
industries through the acquisition or development of over 270
properties across 30+ states as of Q2 2024. The dedicated team of
investment, development, construction, and asset management
professionals provides tenants the resources to grow and improve
their businesses through site selection, development, and/or
sale-leaseback transactions.
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Maria Brewster alterra@antennagroup.com