Alterra IOS Snaps Up 16 IOS Sites in $43M Sale-Leaseback Deal With TruGreen

  • 2/24/2025

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Commercial Observer

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Alterra IOS is celebrating a “Sweet 16” of a different kind. The firm just added 16 industrial outdoor storage (IOS) sites to its portfolio, Commercial Observer has learned. The IOS locations, purchased from lawn care company TruGreen in a sale-leaseback deal, total 34.8 acres and 326,400 square feet of warehouse and maintenance space. 

Alterra Property Group
Mark Gannon | SVP, Acquisitions-IOS

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