Aerial view of an industrial district of warehouses and storage yards with mountains beyond
Aerial view of an industrial district of warehouses and storage yards with mountains beyond
Aerial view of an industrial district of warehouses and storage yards with mountains beyond

About Us

Alterra IOS is a vertically integrated real estate platform focused exclusively on industrial outdoor storage.

Our Story

In 2017, Alterra launched a dedicated IOS platform to pursue opportunities in an industrial subsector historically underserved by institutional capital.

What began with a single tenant relationship has grown into one of North America's largest institutional IOS platforms, supported by a team of more than 45 professionals, a nationally scaled portfolio, and a track record of disciplined investing across market cycles.

Our platform was built on the belief that IOS is fundamentally a tenant-driven business.

Through an integrated team spanning acquisitions, development, construction, leasing, and asset management, we provide tailored real estate solutions to occupiers across transportation and logistics, equipment rental, building materials, and other core industries.

Newly built tan metal warehouse with fresh parking bays and landscaping

From site selection and development to sale-leaseback transactions, we help occupiers secure the mission-critical properties they need to operate and grow.

By combining deep tenant relationships with institutional expertise, Alterra brings disciplined execution to the municipal, environmental, and logistical complexities of a fragmented and often-overlooked asset class.

Alterra IOS

Acquisition Criteria

We target flexible sites in dense, supply-constrained infill markets, where diverse demand drivers meet strong underlying land value. As long-term owners and hands-on operators, we're a trusted, solutions-oriented partner to tenants nationwide.

Alterra IOS

Acquisition Criteria

We target flexible sites in dense, supply-constrained infill markets, where diverse demand drivers meet strong underlying land value. As long-term owners and hands-on operators, we're a trusted, solutions-oriented partner to tenants nationwide.

$3MM to $500MM single asset or portfolio

$3MM to $500MM single asset or portfolio

3+ acres/various low coverage building size

3+ acres/various low coverage building size

No financing contingency All-cash buyer nationally

No financing contingency All-cash buyer nationally

Located within major MSAs

Located within major MSAs

In proximity to major infrastructure

In proximity to major infrastructure

Prefer dense infill industrial clusters surrounded by similar IOS users

Prefer dense infill industrial clusters surrounded by similar IOS users

Alterra IOS

Value Creation

Mark-to-Market Rents

Acquire properties with near-term mark-to-market potential.

Mark-to-Market Rents

Acquire properties with near-term mark-to-market potential.

Lease-Up of Vacant Properties

Target select vacant assets with underlying zoning that support a wide range of IOS uses.

Lease-Up of Vacant Properties

Target select vacant assets with underlying zoning that support a wide range of IOS uses.

Sale-Leaseback

Acquire corporate-owned sites from tenants seeking to divest real estate assets, often driven by private equity ownership.

Sale-Leaseback

Acquire corporate-owned sites from tenants seeking to divest real estate assets, often driven by private equity ownership.

Tenant-In-Tow & Build-To-Suits

Target potential new sites in partnership with national IOS tenants where Alterra has a strong existing relationship.

Tenant-In-Tow & Build-To-Suits

Target potential new sites in partnership with national IOS tenants where Alterra has a strong existing relationship.

Redevelopment

Selectively target sites with land optionality and redevelopment potential.

Redevelopment

Selectively target sites with land optionality and redevelopment potential.

Our Portfolio

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Our Portfolio

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Our Portfolio

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Alterra IOS

Senior Leadership

Alterra’s senior leadership brings complementary expertise across investment strategy, capital markets, and operational execution, with combined experience spanning $5B+ in closed transactions and capital raised.

Leo Addimando, Managing Partner & Chief Executive Officer

Leo Addimando

Managing Partner & Chief Executive Officer

Matt Pfeiffer, Managing Partner & Chief Investment Officer

Matt Pfeiffer

Managing Partner & Chief Investment Officer

Jeff Pustizzi, Partner & General Counsel

Jeff Pustizzi

Partner & General Counsel

Scott Whittle, Partner, Chief Financial Officer, & Chief Compliance Officer

Scott Whittle

Partner, Chief Financial Officer, & Chief Compliance Officer

Mark Gannon, Partner

Mark Gannon

Partner

Parker Pearson, Partner

Parker Pearson

Partner

Charlie Totten, Partner

Charlie Totten

Partner

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Explore a Focused Approach to IOS

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Explore a Focused Approach to IOS

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Explore a Focused Approach to IOS