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Alterra Bets on Outside Storage Properties as a New Investment Strategy

Firm's $300 Million Joint Venture to Buy Industrial Sites That Hold Trucks, Equipment
Alterra Property Group is focusing on industrial yards that support the movement of goods and equipment such as the Maxim Crane Works property in South Florida. (CoStar)
Alterra Property Group is focusing on industrial yards that support the movement of goods and equipment such as the Maxim Crane Works property in South Florida. (CoStar)
CoStar News
January 27, 2020 | 9:28 P.M.

As demand for industrial real estate spreads beyond warehouses into outside storage for trucks and heavy equipment, Alterra Property Group is lining up major investors to amass a portfolio of these low-cost utilitarian properties.

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