National Storage Affiliates Trust Acquires 600-Unit Self Storage In San Bernardino For $10M

National Storage Affiliates Trust has acquired a self-storage facility in San Bernardino for $10 million from Guardian Storage Centers. The property, located at 550 West 40th Street, consists of 600 units and spans 91,465 square feet. The purchase price translates to an average price per unit of $16,667 and a price per square foot of $109. This acquisition aligns with National Storage Affiliates Trust's focus on self-storage facilities across the US.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $10,000,000
• Units: 600
• Average Price Per Unit: $16,667
• Square Footage: 91,465
• Price Per Square Foot: $109

Guardian Storage Centers, as the seller, completed the transaction with National Storage Affiliates Trust. The StorAmerica-branded property represents a strategic investment for National Storage Affiliates Trust as they continue to expand their portfolio of self-storage facilities throughout the United States.