Alterra IOS, a leading entity in the industrial outdoor storage (IOS) industry, has made significant strides in expanding its national portfolio with the recent acquisition of four high-value industrial properties in the Dallas-Fort Worth (DFW) metropolitan area. The four newly acquired properties, which collectively encompass a total of 34.9 usable acres, are strategically located across the region, further strengthening Alterra’s position as a dominant force in the IOS sector.
The newly added sites are:
- 8738 Forney Road in Dallas
- 2260 Market St. in Garland
- 7050 Jack Newell Blvd. South in Fort Worth
- 2420 113th St. in Grand Prairie
These acquisitions bolster Alterra’s footprint in a rapidly growing market that continues to see substantial population growth, an expanding economy, and significant infrastructure investment. According to Mark Gannon, Senior Vice President of Acquisitions at Alterra IOS, the Dallas-Fort Worth area remains a prime destination for IOS investment due to its robust logistics network and high demand from national tenants. He remarked, “Dallas-Fort Worth’s outsized population and economic growth make it an ideal market for IOS investment, as it continues to attract the attention of major national tenants. Alterra’s recent acquisitions each offer tenants convenient access to DFW’s extensive infrastructure and thriving logistics network. We are excited to continue expanding our presence in this dynamic region.”
A Strategic Location with Unmatched Connectivity
All four sites are located within 20 miles of downtown Dallas, offering tenants easy access to DFW’s expansive infrastructure, including major highways, interstates, freight railroads, and international airports. These properties are well-positioned to serve a wide variety of logistics and industrial needs, ensuring smooth operations for businesses that rely on industrial outdoor storage for their heavy machinery, shipping containers, vehicle fleets, building materials, and other critical equipment.
8738 Forney Road, Dallas – Positioned just eight miles from downtown Dallas, this 10.1-acre site offers 14,100 square feet of warehouse space. The fully paved, rail-served property is strategically located to provide easy access to major transportation corridors, including I-30 and I-635. This property is fully leased to a national distributor of specialty building materials, and its on-site rail spur is crucial for facilitating the tenant’s logistics and distribution operations. The acquisition was facilitated by Ricardo Camarena of Marcus & Millichap.
2260 Market St., Garland – A fully paved 7.4-acre site with 87,780 square feet of warehouse space and a complete concrete yard. Located just twelve miles northeast of downtown Dallas, this property offers rare access to I-635 in Garland, making it a highly desirable location for logistics-focused tenants. The site is fully leased to a leading supplier of exterior and interior building products, ensuring long-term rental income. Alexander Harrold of Matthews Realty played a key role in the acquisition process.
7050 Jack Newell Blvd. South, Fort Worth – This 14.8-acre site, featuring 14,000 square feet of warehouse space, benefits from extensive recent site improvements, including new fencing, office renovations, and a newly installed roof. Located only one mile from I-30, I-820, and State Highway 121 S, this property offers excellent regional connectivity, making it ideal for tenants requiring quick access to major highways for efficient distribution and storage. The acquisition was facilitated by Bo Puckett and Caleb McCoy of JLL.
2420 113th St., Grand Prairie – A 2.5-acre fully improved site with 13,276 square feet of warehouse space. This property, leased to a prominent national lawn care company, provides convenient access to Route 360, Route 161, Route 183, and I-30, making it well-situated for both regional and national operations. Robert Morris of Rubicon Representation facilitated the acquisition.
Meeting the Growing Demand for Industrial Outdoor Storage
Alterra IOS is one of the largest owners of industrial outdoor storage properties in the United States, with a portfolio that spans over 300 sites in more than 35 states. As a vertically integrated investor, developer, and operator of IOS, Alterra is uniquely positioned to capitalize on the growing demand for outdoor storage solutions. The company’s investment strategy focuses on acquiring premium locations that provide access to vital infrastructure, ensuring tenants have the connectivity and operational efficiency they need to succeed.
The recent acquisitions in the Dallas-Fort Worth area align with Alterra’s overarching strategy to target properties in dense, infill industrial clusters surrounded by similar IOS users. These prime locations enable tenants to leverage the benefits of proximity to key transportation routes, minimizing downtime and streamlining operations. Whether companies are storing equipment, machinery, vehicle fleets, building materials, or other large assets, Alterra’s sites are designed to meet the diverse needs of businesses in a variety of industries.
The Strength of the Dallas-Fort Worth Market
The Dallas-Fort Worth metroplex has long been recognized as one of the most important logistics hubs in the United States, due in part to its strategic location, extensive transportation network, and favorable business environment. The region is home to major highways like I-20, I-35, I-45, and I-635, all of which provide crucial connectivity to other parts of Texas and beyond. Additionally, DFW’s access to both air and rail freight systems makes it an attractive destination for businesses involved in global trade and distribution.
According to industry reports, the demand for industrial outdoor storage in the DFW area has surged in recent years, fueled by the region’s booming economy and an influx of businesses seeking storage solutions. Companies in the construction, transportation, retail, and manufacturing sectors are increasingly turning to IOS providers to store vehicles, containers, and other large assets in convenient, secure locations.
Alterra’s commitment to acquiring properties in these high-demand markets ensures that the company remains well-positioned to serve this growing customer base. The DFW area’s continued population and economic growth, coupled with its strategic location, make it an ideal market for Alterra’s continued expansion.
As Alterra continues to expand its portfolio across the U.S., the company’s focus on acquiring properties in key logistics markets like Dallas-Fort Worth will remain a cornerstone of its growth strategy. With more than 300 properties acquired to date, Alterra is firmly established as one of the leading players in the industrial outdoor storage sector, offering national connectivity and tailored solutions for companies in need of flexible, efficient storage options.
Alterra’s strong track record, coupled with its commitment to investing in properties with exceptional access to infrastructure, positions the company for continued success in the coming years. The company’s ongoing focus on serving tenants across a wide range of industries ensures that Alterra IOS will remain a trusted partner for businesses seeking premium outdoor storage solutions in some of the most strategic locations across the United States.
For more information about Alterra IOS and its growing portfolio, visit their website or contact their team directly. With continued expansion plans and a dedication to meeting the evolving needs of its tenants, Alterra IOS is poised to maintain its position as a leader in the industrial outdoor storage industry for years to come.