CYPRESS - The 61,250-sf AAA Storage self-storage facility at 15814 Mueschke Rd. has been sold. The facility is the second self-storage acquisition in the Houston area and fifth in Texas by Virtus Real Estate Capital.
Originally built in 2008, AAA Storage Mueschke underwent a significant expansion in 2012 that doubled the facility’s size to 417 units.
"This site is located in the middle of one of the fastest growing ZIP codes in the state and stands to benefit from the strength of Houston’s economy, a population experiencing significant growth, and the expansion of key infrastructure projects in the northwest corridor. All of these elements make the property a prime target for Virtus," said Scott Humphreys, acquisitions manager.
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