Alterra adds 36.4 Colorado acres as Realterm buys Bronx IOS

Alterra IOS added five fully leased Colorado properties totaling 36.4 usable acres, giving the platform 134 usable acres across the state. Realterm followed with a Bronx infill IOS maintenance acquisition at 935 Garrison Avenue, adding its fifth industrial property in the borough and another fleet-oriented site in a supply-constrained urban market.

🔥 The Headliner: Alterra adds five Colorado IOS sites

Alterra IOS acquired five fully leased properties across Denver and Colorado Springs, expanding its Colorado footprint to 14 properties and 134 usable acres. The portfolio totals 36.4 usable acres and 128,200 square feet of accompanying warehouse space, with tenants in telecommunications, building materials, and equipment rentals.

**Purchase Price:** Undisclosed
**Property:** Five-site portfolio in Denver and Colorado Springs, CO
**Site:** 36.4 usable acres | 128,200 SF accompanying warehouse space
**Seller:** Not yet disclosed
**Buyer Lead:** Not yet disclosed
**Seller Lead:** Not yet disclosed
**Broker / Deal Team:** Not yet disclosed

Portfolio Breakdown

**Denver, CO:** 2001 W 64th Lane | 26,900 SF accompanying warehouse space
**Denver, CO:** 7200 Eagle Blvd | 9.0 usable acres | 9,800 SF accompanying warehouse space
**Denver, CO:** 955 N 5th Avenue | 4.6 usable acres | 4,890 SF accompanying warehouse space
**Colorado Springs, CO:** 3240 Astrozon Blvd | 6.9 usable acres | 62,618 SF accompanying warehouse space
**Colorado Springs, CO:** 7925 Industry Road | 6.1 usable acres | 24,000 SF accompanying warehouse space

🔥 Other Deals That Closed (May 11-14, 2026)

DEAL #2: BRONX, NY

Realterm acquired 935 Garrison Avenue, a 1-acre IOS site in Hunts Point, marking its fifth industrial property in the Bronx. The vacant property includes a 9,400-square-foot maintenance building with three drive-in bays and sits along the Bruckner Expressway, giving fleet users immediate access to one of New York City's most constrained logistics nodes.

**Property:** 935 Garrison Avenue, Bronx, NY
**Site:** 1 acre
**Improvements:** 9,400 SF maintenance building with three drive-in bays
**Price:** Undisclosed
**Key Features:** Vacant IOS maintenance facility, Bruckner Expressway access, fleet and high flow-through distribution utility, planned capital improvements
**Buyer Lead:** Ed Brickley, Managing Director and Senior Fund Manager, Realterm; Nick Dupuis, Vice President of Investments, Northeast Region, Realterm
**Seller Lead:** Barry Haskell, President, Mendon Truck Leasing and Rental
**Broker / Deal Team:** Steven Siegel, Philip Biancavilla, and Jakub Nowak, Marcus & Millichap, represented the seller

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