Oct 4, 2016
Giddy-up for Texas self-storage real estate roundup
TEXAS - The following are acquisitions and sales of self-storage properties throughout Texas: NACOGDOCHES - America's Self Storage in Nacogdoches was sold to a limited-liability company. The 18-acre property at 2903, 2601, 2415...
TEXAS – The following are acquisitions and sales of self-storage properties throughout Texas:
- NACOGDOCHES - America’s Self Storage in Nacogdoches was sold to a limited-liability company.
- The 18-acre property at 2903, 2601, 2415 and 2401 S. St. comprises 145,530 net rentable sf of storage space in 958 units.
- ROYSE CITY: Hwy 35 Storage in Royse City was sold to a private investor based in the Pacific Northwest.
The property at 7878 FM 35 is 20 miles east of Dallas and comprises 79,117 net rentable sf of storage space in 267 climate-controlled and drive-up units.
- It also has two office spaces, ten enclosed and 68 uncovered vehicles-storage units, and 79 uncovered parking spaces.
- The 7.52-acre property was built in stages beginning in 2009 and expanded as recently as 2014.
- PARIS: Lamar Self Storage in Paris was sold as a part of a 1031 exchange to a Texas-based investor.
- The property at 2405 Northeast Loop 286 comprises 45,900 rentable sf of space in 378 climate-controlled and drive-up units.
- Built in 1986, it sits on nearly three acres.
- ROUND ROCK: The two-property portfolio that includes Round Rock Storage and Clark St. Annex in Round Rock was sold.
- Together, the properties at 1400 East Palm Valley Blvd. and 1320 Clark St. comprise 895 net rentable sf in 390 units.
- UNIVERSAL CITY: Storage & Moving Logistics in Universal City was sold to a local investor.
- The property at 115 Villa Dr. comprises 34,813 rentable sf of storage space in 218 drive-up units and 90 uncovered parking spaces. Built in 1983, it sits on 3.8 acres.
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