Leo Addimando Of Alterra IOS Acquires 14-Acre Industrial Outdoor Storage In Riverside From Wilbur Smith III

Alterra IOS acquired a 14-acre industrial outdoor storage site located at 1595-1600 Columbia Avenue in Riverside. The property is fully leased and occupied by a major building materials supplier.

Summary of transaction details:

• Property Type: Industrial Outdoor Storage
• Transaction Amount: Not disclosed
• Buyer: Leo Addimando - Alterra IOS
• Seller: Wilbur Smith III - Greenlaw Partners
• Brokers: Michael Kendall, Gian Bruno, Kenny Patricia, Kylie Jones, Mark Zorn & Cory Whitman - Colliers

This transaction was facilitated by the west industrial capital markets team at Colliers, underscoring the firm's role in brokering the deal between Alterra IOS and Greenlaw Partners.