ALTO Real Estate Funds announced the acquisition of a 24-acre industrial site in Northeast Austin’s Pflugerville submarket. The site is located at the intersection of Cameron Road and SH-130.
This acquisition is the 6th industrial ground-up project in ALTO’s expansion across the Texas logistics market.
ALTO plans to break ground in Q3 2025 on two rear-load industrial buildings, each spanning 126,000 square feet (252,000 square feet total). Each facility will feature 32-foot clear heights, 130-foot truck courts, and accommodate up to four tenants per building.
Nearby companies include Tesla’s Giga Texas, Samsung, Apple, Amazon, and Microsoft.
ALTO Real Estate Funds focuses on investing in and developing logistics centers and open-air shopping centers in high-growth U.S. markets. Over the past 15 years, ALTO has raised approximately $560 million across four funds. To date, the Fund has acquired 79 properties totaling 15 million square feet and valued at $1.8 billion, with 50 successful exits.
The post ALTO Acquires Pflugerville Industrial Site, Building Two 125K-SF Warehouses appeared first on Connect CRE.
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