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Alterra Raises $925 Million for Industrial Acquisitions

Firm Closes Third Fund Focusing on Properties With Outdoor Storage Capacity
An Alterra Property Group fund purchased 45 Industrial Court in Seekonk, Massachusetts. (CoStar)
An Alterra Property Group fund purchased 45 Industrial Court in Seekonk, Massachusetts. (CoStar)

Real estate investment firm Alterra Property Group has announced the final close of its latest industrial outdoor storage investment fund. Alterra IOS Venture III brought in $925 million of total commitments, nearly double the amount raised for Alterra’s previous fund targeting the property type.

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