Advancements in vision and language foundation models have inspired the development of geo-foundation models (GeoFMs), enhancing performance across diverse geospatial tasks. However, many existing GeoFMs primarily focus on overhead remote sensing (RS) data while neglecting other data modalities such as ground-level imagery. A key challenge in multimodal GeoFM development is to explicitly model geospatial relationships across modalities, which enables generalizability across tasks, spatial scales, and temporal contexts. To address these limitations, we propose GAIR, a novel multimodal GeoFM architecture integrating overhead RS data, street view (SV) imagery, and their geolocation metadata. We utilize three factorized neural encoders to project an SV image, its geolocation, and an RS image into the embedding space. The SV image needs to be located within the RS image's spatial footprint but does not need to be at its geographic center. In order to geographically align the SV image and RS image, we propose a novel implicit neural representations (INR) module that learns a continuous RS image representation and looks up the RS embedding at the SV image's geolocation. Next, these geographically aligned SV embedding, RS embedding, and location embedding are trained with contrastive learning objectives from unlabeled data. We evaluate GAIR across 10 geospatial tasks spanning RS image-based, SV image-based, and location embedding-based benchmarks. Experimental results demonstrate that GAIR outperforms state-of-the-art GeoFMs and other strong baselines, highlighting its effectiveness in learning generalizable and transferable geospatial representations.