Leo Addimando Of Alterra IOS Acquires Five Industrial Properties Across Metro Atlanta

Alterra IOS acquired five industrial outdoor storage properties totaling 146,700 square feet across 32 acres in metro Atlanta, specifically located at 2400 Barrett Lakes Boulevard, 2611 U.S. Highway 42 South, 550 Discovery Place, 2000 Meredith Park Drive, and 4303 Communications Drive. The market for these properties includes Kennesaw, Locust Grove, Mableton, McDonough, and Norcross, GA.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Total Square Footage: 146,700
• Total Acres: 32.0
• Buyer: Leo Addimando - Alterra IOS
• Market: Kennesaw, Locust Grove, Mableton, McDonough & Norcross, GA
• Brokerage Firms: ONE Commercial Real Estate, Cone Commercial Real Estate, Lee & Associates, King Industrial Realty, Inc.

The properties are leased to a mix of national and regional tenants. The sellers and purchase prices were not disclosed, and the transactions were brokered by ONE Commercial Real Estate, Lee & Associates, King Industrial Realty, and Cone Commercial Real Estate.