Leo Addimando Of Alterra IOS Acquires Six Industrial Sites In San Antonio For Off-Market Portfolio
18630 Goll Street, 18740 Goll Street, 7059 Pipestone, 8124 Bracken Creek Drive, 727 North W. W. White Road & 458 North W. W. White Road
Building Size
1,032,846 SF
Asset Type
Industrial
Closing
Jun 16, 2026
AI
The transaction involves six industrial outdoor storage sites located across 18630, 18740 Goll Street, 7059 Pipestone, 8124 Bracken Creek Drive, 727 North W. W. White Road & 458 North W. W. White Road in the San Antonio & Schertz, TX market. The total asset area is 172,141 square feet situated on 23.5 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Leo Addimando - Alterra IOS
- Brokerage Firms: Llano Realty Partners, Stream Realty Partners & Matthews
This acquisition marks Alterra IOS's expansion in the San Antonio area, increasing its portfolio to 18 properties totaling 96.5 acres. The off-market properties are primarily leased to logistics, industrial, and distribution tenants and are strategically positioned near vital highway corridors, including I-35 and Loop 1604.
Players
Gail Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93