{{titleBar.title}}

{{titleBar.tagline}}

 

 

$8 million for 480-unit self-storage facility$8 million for 480-unit self-storage facilityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184352017-11-28T06:00:00Z2017-11-28T21:45:00Z

​​​​A view of the entrance to the SmartStop Self Storage Facility in Texas City.​TEXAS CITY – Strategic Storage Trust IV Inc. (SST IV) purchased a 480-unit self-storage facility near Galveston​​.

The purchase price for the Texas City Property was approximately $8 million, plus closing and acquisition costs, according to SEC filings.

Constructed in 2010, the approximately 80,000-sf facility is situated on 10.49 acres at 3730 Emmett F. Lowry Expressway in Texas City. 

The facility features climate-controlled interiors and drive-up access and is 94.8 percent leased.

Online news
Houston-The Woodlands-Sugar Land
Retail
http://markets.businessinsider.com/news/stocks/Strategic-Storage-Trust-IV-Acquires-480-Unit-Self-Storage-Facility-on-Texas-Gulf-Coast-1008830715

Check out Houston-The Woodlands-Sugar Land Retail Market Research​.

Source: {Source}

 Search NewsTalk Texas