Alterra IOS acquires four industrial outdoor storage properties in Houston metro

Type: Acquisition · Technology: Industrial · Country: United States · Announced: 2026-09-29

Alterra IOS acquired four industrial outdoor storage (IOS) properties across the Houston metropolitan area in a transaction announced on 2026-09-29, adding 12.2 usable acres and 119,808 square feet of warehouse space to its portfolio. The deal increases Alterra’s Houston holdings to 39 properties totaling 338.2 usable acres and includes sites at 5800 Surrey Square Street (5.4 usable acres, 69,908 sq ft), 2801 & 2805 Sens Road in La Porte (2.3 usable acres, 30,931 sq ft), 600-610 Aurora Business Park Drive in Conroe (2.5 usable acres, 9,963 sq ft), and 8248 Fuqua Street (2.0 usable acres, 9,006 sq ft). Three of the properties are fully leased to tenants in occupational safety, construction and equipment rental, and the La Porte site sits near the Port of Houston and major highways I-10, SH-225 and SH-146, while the Surrey Square and Fuqua Street sites offer direct access to I-45 and Beltway 8. The acquisitions strengthen Alterra IOS’s presence in a major logistics market tied to freight movement and equipment storage and advance its strategy of acquiring mission-critical IOS properties near transportation infrastructure. Transaction sourcing was credited to brokers including Zane Carman of Partners Real Estate, Virtue Real Estate Partners brokers Luke Hoyl and TJ Giselbach, Lee & Associates’ Avery Levy and Mitchel Becker, and CBRE; no purchase price or financing details were disclosed.

Analysis

On September 29 2026 Alterra IOS announced the acquisition of four industrial outdoor storage properties in the Houston metropolitan area comprising 12.2 usable acres and 119,808 sq ft of warehouse space. The transaction was sourced through brokers including Zane Carman of Partners Real Estate, Luke Hoyl and TJ Giselbach of Virtue Real Estate Partners, Avery Levy and Mitchel Becker of Lee & Associates, and CBRE, which provides commercial real‑estate services such as leasing, sales and valuation. CBRE is a commercial real‑estate services and investment firm offering leasing, sales, valuation and property management. The purchase price and financing terms were not disclosed in the announcement.

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