Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 300 sites nationwide, today announced the acquisition of a 15.2 usable acre facility in the Inland Empire metropolitan area. The Class A parcel, which underwent significant capital improvements in the last 12-18 months, is equipped with a concrete yard and a new 25,910-square-foot maintenance facility.
The site is located at 5600 Market Street in Jurupa Valley, a city in Riverside County, the site is fully leased to a national trucking and transportation company with terminal facilities nationwide. 5600 Market Street offers proximate access to the ports of Los Angeles and Long Beach, as well as connectivity to I-215, I-10, I-15, and Route 60.
Alterra’s investment strategy focuses on securing prime locations that offer access to critical infrastructure, ensuring connectivity and operational efficiency for its tenants. A key focus is on acquiring properties within dense infill industrial clusters, surrounded by similar IOS users. The acquisition was facilitated by Chase MacLeod & Co.
Alterra is one of the nation’s largest owners of industrial outdoor storage space, having acquired more than 300 properties in more than 35 states across the U.S. As a vertically integrated investor, developer, and operator of IOS, Alterra is uniquely positioned to serve companies in search of national connectivity to store equipment, machinery, vehicle fleets, shipping containers, building materials, retail inventory, and more.