JLL Capital Markets has arranged the sale of three self storage facilities. They have a total of of 2,250 units in Texas and Illinois. The properties chandeg hands in seperate deals.
The sale of Access Self Storage contains a 522 unit facility. It is located at 10800 Red Bluff Road in Pasadena, Texas. Self storage sold the storage property to FollettUSA.
Store Space has acquired the 976 unit Prestige Self Storage from Prestige Organization LLC. It is located at 4815 LJ Parkway in Sugar Land, Texas.
Another sale arranged by JLL was in Crestwood, Ill. Vertical Field Capitals LLC sold the 752 unit facility a private real estate fund advised by Crow Holdings Capital. The proeprty is situated at 4501 W. 135th St. The storage underwent a 37,000 square foot expansion in 2017.
Source: CP Executive
Fulya Altunyay/[email protected]