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Drew Hoeven & Charles Byerly Of Westport Properties Acquire Self Storage Portfolio In California

Property Image
SOLD
Kevin Cuff
Michael "Mike" Mele
+ 1

California

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Self Storage541,682 SF
Sold 02/06/2025
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Property Image
SOLD

Drew Hoeven & Charles Byerly Of Westport Properties Acquire Self Storage Portfolio In California

17106 South Avalon Boulevard & 2500 Campbell Place

See Similar Deals
Self Storage541,682 SF
Sold 02/06/2025
Kevin Cuff
Michael "Mike" Mele
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:541,682 SF
Transaction Type:Sale

The transaction involved a self-storage portfolio consisting of two facilities located at 17106 South Avalon Boulevard and 2500 Campbell Place. The properties collectively encompass 270,841 square feet and feature 2,284 units on a total of 7.9 acres. Built in 2006 and 2008, these assets were reported to be 90% leased at the time of the sale, which occurred in the Carson and Carlsbad markets.

Summary of transaction details:

Westport Properties, represented by Drew Hoeven and Charles Byerly in this transaction, acquired the self-storage assets. The brokerage team comprised Greg Wells, Kevin Cuff, Luke Elliott, and Michael Mele from Cushman & Wakefield, facilitating the transaction without disclosing specific terms.

Players

Michael "Mike" Mele
15 deals$232.3M volume(813) 462-4220
BROKER

Luke Elliott
Cushman & Wakefield
15 deals$260.3M volume
BROKER

Kevin Cuff
Cushman & Wakefield
4 deals$23.9M volume
BROKER

Greg Wells
Cushman & Wakefield
4 deals$56M volume
BROKER

Details

SOLD
IMAGE: Drew Hoeven, Charles Byerly, Greg Wells, Kevin Cuff, Luke Elliott & Michael Mele DATE: 02/06/2025 ADDRESS: 17106 South Avalon Boulevard & 2500 Campbell Place MARKET: Carson & Carlsbad ASSET TYPE: Self Storage ~ UNITS: 2,284 ~ SF: 270,841 ~ ACRES: 7.9 BUYER: Drew Hoeven & Charles Byerly - Westport Properties BROKERS: Greg Wells, Kevin Cuff, Luke Elliott & Michael Mele - Cushman & Wakefield (@CushWake) NOTE: Westport Properties acquired a self-storage portfolio consisting of two StorQuest-managed facilities in Carson and Carlsbad, totaling 270,841 square feet and 2,284 units. The properties, built in 2006 and 2008, were 90% leased at the time of sale, with no terms disclosed.

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