We are excited to announce the disposition of a 51-property Industrial Outdoor Storage (“IOS”) portfolio in an off-market transaction valued at $490 million. This successful closing underscores the continued institutionalization of the IOS asset class and growth of the Alterra IOS investment strategy. Read more: https://lnkd.in/eXSD8AeF #AlterraIOS #IndustrialOutdoorStorage #IndustrialRealEstate
Alterra Property Group
Real Estate
Philadelphia, PA 5,734 followers
Real Estate Investment, Development, and Management.
About us
Alterra Property Group, LLC (“Alterra”) is an established real estate investment, development, and management company based in Philadelphia, PA. The company is comprised of a highly qualified team of professionals that handle all aspects of acquisition, entitlement, project/construction management, asset management, leasing, property management, accounting, and investor reporting. Alterra’s real estate platform is strategically focused on our two core competencies of residential/mixed-use development (APG Living), and industrial outdoor storage (IOS). Industrial Outdoor Storage IOS is Alterra’s industrial real estate platform dedicated to providing real estate solutions through property acquisition, development, management & leasing for tenants in the heavy industrial & outdoor storage space. Focused on low building coverage sites with large, stabilized yard space to accommodate an array of uses such as vehicle, material, and equipment storage, Alterra brings an institutional comprehension of the municipal & logistical complexities in securing mission-critical real estate for the often-overlooked sectors of the U.S. industrial landscape. Mixed Use Development Since 2005 Alterra has acquired and managed dozens of mixed use and residential properties from sourcing to design, execution and management. Alterra is vertically integrated and controls the entire value creation process from acquisition to disposition, with expertise in structuring complex transactions and in-house project design, construction oversight, leasing and management. Residential Management Alterra views property management as a core division in our company. Our dedicated staff of industry experts strive to provide the highest level of management services for residential, retail and commercial properties. Alterra currently manages 2000+ upscale residential apartments under our residential management division, APG Living.
- Website
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http://www.alterraproperty.com/
External link for Alterra Property Group
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- Philadelphia, PA
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Project Development, Project Management, Property Management, Multifamily Housing, Multifamily Leasing, Commercial Real Estate, Industrial Outdoor Storage, 3rd Party Property Management, Industrial Real Estate, and Mixed-Use Property Management
Locations
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Primary
414 South 16th Street
Suite 100
Philadelphia, PA 19146, US
Employees at Alterra Property Group
Updates
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Happy Halloween from APG! Swipe to see some of our team's spooktacular creations from this year's pumpkin carving! #HappyHalloween #AllInWithAlterra #PumpkinCarving
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Congratulations to Leo Addimando, our Managing Partner and Co-Founder, for being named in Philadelphia magazine's 150 Most Influential People in Philly! APG is proud of Leo's outstanding contributions to our city's growth.
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Cheers to tequila, tacos, and team bonding! Last week's tequila tasting event was a true culinary adventure complete with epic food and tequila pairings, a margarita bar, and lots of tasty Mexican food. Team APG had an absolute blast exploring new flavors and connecting with coworkers. A huge thank you to Caitlin Cottrell and Casey McHale for organizing such a fun and festive evening for our team! #APG #AllInWithAlterra #TeamBonding #TequilaTasting
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Kicking off the 2024-2025 mentorship season with a bang! The APG Mentorship Program provides invaluable opportunities for personal and professional development across the organization and this year's mentors and mentees are all eager to learn, grow, and support one another. We can't wait to see what our participants achieve together in the third year of this program. Here's to another fantastic season of APG mentorship! #AllInWithAlterra #AlterraPropertyGroup #MentorshipMatters
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Have you had the chance to visit Kilimandjaro, located at 4301 Chestnut St. (on the first floor retail space at LVL West)? We are absolutely thrilled to have Youma Ba as one of our tenants...her amazing contributions to the local community, not to mention the absolutely phenomenal food at Kilimandjaro, are a vital part of this neighborhood and we are so grateful to be a part of it! #KilimandjaroRestaurant #Kilimandjaro #LVLWest #AlterraPropertyGroup #UniversityCityPhilly
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Last week, the ladies fo APG had an incredible afternoon at Wilder, diving deep into mental health and wellness with Schimen and Ashley from National Alliance on Mental Illness - Philadelphia (NAMI Philly). From topics uniquely affecting women in the workplace to work-life balance to self-care strategies, we learned invaluable insights to bring our best selves to both our professional and personal lives. Thank you to our amazing coworkers at APG for a powerful and inspiring afternoon! A special thanks to our VP of HR, Tisia Baynes, for leading this important initiative and shining a light on mental health within our organization, and to Caitlin Cottrell, our Director of Office & Culture, for helping to organize this event! #APGWomensForum #AllInWithAlterra #MentalHealthMatters #NAMIPhiladelphia
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Alterra Property Group reposted this
Exciting progress underway at our 1701 Market St. office-to-residential conversion project! New floor-to-ceiling operable windows are being installed, part of the existing roof deck is being demolished to make way for structural steel reinforcements supporting the future amenity pool deck, and the base of our construction hoist is now being erected along JFK Blvd. Alterra Property Group NORR Bala Consulting Engineers GMI Contractors Inc.
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As the days grow shorter and the leaves change color, we welcome the fall season -- a time of renewal, growth, and opportunity. Let us use this time to reflect on our achievements, set new goals, and embark on exciting ventures. May the fall equinox bring you peace, prosperity, and a renewed sense of purpose. Happy Equinox!