Site benefits from direct proximity to major industrial and tech giants, including Tesla, Samsung, and Apple
ALTO Real Estate Funds announced the acquisition of a 24-acre industrial site in Northeast Austin’s Pflugerville submarket. The site is strategically located at the intersection of Cameron Road and SH-130—America’s fastest highway and Austin’s most critical logistics artery.
This acquisition is the 6th industrial ground-up project and marks a significant milestone in ALTO’s continued expansion across the Texas logistics market. The opportunity initially surfaced in mid-2024 and evolved into a structured transaction by year-end. Over the subsequent months, ALTO worked closely with the seller to finalize a complex permitting process that had been underway for nearly two years—highlighting the long and complex entitlement timelines typical of the Austin market.
With permits now secured, ALTO plans to break ground in Q3 2025 on two state-of-the-art rear-load industrial buildings, each spanning 126,000 square feet (252,000 SF total). Each facility will feature 32-foot clear heights, 130-foot truck courts, and accommodate up to four tenants per building.
The project is strategically positioned within a booming tech and logistics ecosystem:
- Tesla’s Giga Texas – a 10 million SF factory minutes from the site – is undergoing a $770M expansion.
- Samsung is investing $17B in a semiconductor fab in nearby Taylor as part of a broader $40B+ regional commitment.
- Apple is constructing a $1B campus in North Austin to house up to 15,000 employees.
- Amazon continues to expand its logistics network along SH-130.
- Microsoft is growing its data center and office footprint across the metro.
“We’re proud to bring this well-located, permit-ready site into ALTO’s pipeline and are excited to deliver modern product in one of the fastest-growing logistics corridors in the country.” said Iman Haddad, Head of Development, who led the deal.
Yaniv Melamud, Co-Founder and CEO, added:
“The site's proximity to key infrastructure and global tech giants makes it a highly strategic addition to our portfolio.”
About ALTO Real Estate Funds
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.
For more information, visit www.alto-investments.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250623954731/en/
Contacts
Media :
General inquiries: alto@alto-inv.com
Iman Hadad, Director, Head of Development: iman@alto-inv.com
