Alterra goes all-in on Central Florida: 5 sites, 23 acres
Alterra IOS closes on five Tampa and Orlando properties in a single announcement, pushing its Central Florida portfolio to 35 assets. Also this week: Bricktop Capital picks up a 100%-leased DFW yard in Hurst, TX, Dalfen closes a 10-acre sale-leaseback in Sanford, FL, Thematic Capital buys a fully…
The Headliner: 23 Acres Across Five Central Florida IOS Sites
Alterra IOS Expands Central Florida Footprint to 35 Properties
Alterra IOS closed on five industrial outdoor storage sites spanning Tampa and Orlando on April 3, adding 23 usable acres and 96,500 SF of accompanying warehouse space. The move pushes Alterra's Central Florida portfolio to 35 properties. Nearly all five sites are fully leased to tenants in logistics, infrastructure, and utilities.
- Purchase Price: Undisclosed
- Portfolio: 5 properties across Tampa MSA (3) and Orlando MSA (2)
- Total Site: 23 usable acres | 96,500 SF warehouse space
- Buyer: Alterra IOS (450+ sites, 38 states as of Q1 2026)
- Buyer Lead: Chris White, VP Acquisitions - Alterra IOS
- Brokers: Hector Delgado (Panther Capital Group) - Dover site; Robbie Lober and Devin Beeler (Lober Real Estate) - Palmetto and Tampa Sligh Ave sites; Cory Kroeger (Kroeger Commercial) - Apopka site; Alessandra Bianchi (ONE Commercial Real Estate) - Northwest Orlando site
Portfolio Breakdown
Dover, FL - Address: 13350 Dr. MLK Jr. Blvd. - Site: 5.5 acres - Warehouse: 10,500 SF
Palmetto, FL - Address: 3927 US-19 - Site: 5.0 acres - Warehouse: 27,500 SF
Tampa, FL - Address: 2902 E Sligh Ave. - Site: 2.9 acres - Warehouse: 24,500 SF
Apopka, FL - Address: 3636 Fudge Road - Site: 6.9 acres - Warehouse: 16,000 SF
Orlando, FL - Address: 2506 Eunice Ave. - Site: 2.7 acres - Warehouse: 18,000 SF
Other Deals That Closed (April 1-7, 2026)
DEAL #2: Hurst, TX (DFW Metroplex)
Bricktop Capital Acquires 100%-Leased IOS at Key DFW Intersection
Bricktop Capital added 1500 Central Park Drive in Hurst, TX to its Texas IOS portfolio. The 2.23-acre site, 16,000 SF warehouse, fully leased, sits at the intersection of TX-121 and Loop 820, one of the DFW Metroplex's most trafficked industrial corridors. The deal was sourced off-market through DB2RE.
- Property: 1500 Central Park Drive, Hurst, TX
- Site: 2.23 acres
- Improvements: 16,000 SF warehouse
- Occupancy: 100% leased
- Buyer Lead: Mack Prioleau, Managing Partner - Bricktop Capital
- Broker / Deal Team: Austin Russell and David Guinn, SIOR (DB2RE / Davidson Bogel) - buyer side; Todd Hubbard (NAI Robert Lynn) - seller side
DEAL #3: Sanford, FL (Orlando Metro)
Dalfen Industrial Closes 10-Acre IOS Sale-Leaseback, Off-Market
Dalfen Industrial acquired 2901 W. Airport Blvd. in Sanford, FL, a 10-acre IOS site with a 45,000 SF industrial facility, in an off-market sale-leaseback transaction. The deal extends Dalfen's footprint in the Orlando metro corridor.
- Property: 2901 W. Airport Blvd., Sanford, FL 32771
- Site: 10 acres
- Improvements: 45,000 SF industrial facility
- Structure: Sale-leaseback, off-market
- Buyer: Dalfen Industrial
- Broker / Deal Team: Christopher CJ Griffith, SIOR (VP) and Ryan Griffith, SVP/Principal (Lee and Associates Central Florida)
DEAL #4: Bradenton, FL (Tampa MSA)
Thematic Capital Group Acquires Utility-Tenanted IOS Site
Thematic Capital Group closed on a 2.41-acre IOS property at 5004 15th Street East in Bradenton, Florida. The site includes a 10,300 SF industrial warehouse and is fully occupied by Lambert's Cable Splicing Co., a utility contractor and subsidiary of Dycom Industries.
- Property: 5004 15th Street East, Bradenton, FL
- Site: 2.41 acres
- Improvements: 10,300 SF industrial warehouse
- Tenant: Lambert's Cable Splicing Co. (subsidiary of Dycom Industries)
- Buyer Lead: Bernard Clevens and Benji Howard, Thematic Capital Group
- Broker / Deal Team: Max Loria and David Richman, STL Commercial
DEAL #5: Raymore, MO (Kansas City MSA)
Midwest CRE Advisors Closes 16.5-Acre Development Site
Logan Freeman and Nick Morales of Midwest CRE Advisors facilitated the sale of a 16.5-acre M-1-zoned industrial land site at 700 East Walnut Road in Raymore, Missouri. The buyer plans to develop approximately 70,000 SF across seven small-bay industrial buildings, each with its own dedicated outdoor storage yard.
- Property: 700 East Walnut Road, Raymore, MO
- Site: 16.5 acres
- Planned Development: ~70,000 SF across 7 small-bay buildings with dedicated IOS yards
- Broker / Deal Team: Logan Freeman and Nick Morales, Midwest CRE Advisors
Leases Signed
Houston, TX: Hyde Park Real Estate Fills 11.3 Acres Across Two IOS Sites
- Site 1: 11930 Homestead Road, Houston, TX - 5.3 AC IOS yard
- Tenant 1: Front Line Power Construction
- Site 2: 4201 Roland Road, Katy, TX - 6 AC IOS yard
- Tenant 2: RBL International
- Landlord: Hyde Park Real Estate
- Landlord Rep: James Mashni, First Houston Properties Inc.
Houston, TX (Port Submarket): Alluvion Partners Leases to Longdo Trucking Corp.
- Property: 1300 South 16th Street, Houston, TX
- Site: 2.72 acres | 5,934 SF industrial building
- Tenant: Longdo Trucking Corp.
- Landlord: Alluvion Partners
- Landlord Lead: Dean Taylor, Alluvion Partners
- Broker: Walker McCairns and Nick Peterson, SIOR, NAI Robert Lynn
Market Intel
IOS financing conditions continue catching up to the sector's transaction volume. Recent data from Eastdil Secured shows IOS sales volume has reached roughly $7 billion annually, nearly three times the 2016 baseline. Portfolio sales have exceeded $2 billion per year for two consecutive years.
- IOS Rent Growth: Up 123% since 2020 (Newmark)
- Annual Sales Volume: ~$7B
- Portfolio Transaction Volume: Exceeding $2B annually for two consecutive years
- Total Market Value: Estimated $200B+
Operating Context
ACT Research's March 2026 trucking outlook points to a firmer operating backdrop for IOS. Driver availability is tightening, spot truckload rates are materially higher year-over-year, and elevated diesel costs continue to pressure smaller carriers. That combination reinforces demand for well-located yards near freight corridors where equipment staging, parking, and flexible storage matter most.
Practical takeaway: The combined April 4 and April 7 editions work best as one issue because they are telling the same live market story: Florida remains active, Texas still clears infill trades, and the broader IOS capital stack keeps getting more institutional.