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Blackstone Mortgage finances $189 million for industrial outdoor storage acquisitions

Funding backs 49 recent Alterra purchases across 22 states
Alterra IOS bought a 15.2-acre outdoor storage facility in California’s Inland Empire from Wheeler Trucking in December. (CoStar)
Alterra IOS bought a 15.2-acre outdoor storage facility in California’s Inland Empire from Wheeler Trucking in December. (CoStar)
CoStar News
February 18, 2025 | 10:19 P.M.

Blackstone Mortgage Trust has originated a $189 million loan for industrial outdoor storage acquisitions, a fast-growing segment of the wider industrial property sector.

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