Drew Hoeven & Charles Byerly Of Westport Properties Acquire Self Storage Portfolio In California
California
See Similar DealsDrew Hoeven & Charles Byerly Of Westport Properties Acquire Self Storage Portfolio In California
17106 South Avalon Boulevard & 2500 Campbell Place
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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:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Units: 2,284
- Square Footage: 270,841
- Acres: 7.9
- Buyer: Drew Hoeven & Charles Byerly - Westport Properties
- Brokers: Greg Wells, Kevin Cuff, Luke Elliott & Michael Mele - Cushman & Wakefield
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.
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