CubeSmart Acquires Self-Storage Facility In Weston For $11.5M

A self-storage facility located at 1500 North Park Drive in Weston has been sold for a total of $11,500,000. This property spans a total of 93,182 square feet, resulting in a price per square foot of $123. The facility sits on 6 acres of land, with a price per acre of $1,916,667.

Summary of transaction details

• Property Type: Self-Storage Facility
• Transaction Amount: $11,500,000
• Address: 1500 North Park Drive, Weston
• Market: Weston
• Square Footage: 93,182
• Price per Square Foot: $123
• Total Acres: 6
• Price per Acre: $1,916,667

CubeSmart, represented by Christopher Marr, purchased the property from Leo Ghitis.