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Joseph D. Russell, Jr Of Public Storage Acquires Self Storage In Valrico For $6.9M

Property Image
SOLD
$6,900,000

Florida

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Self Storage80,000 SF
Sold 10/27/2025
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Property Image
SOLD

Joseph D. Russell, Jr Of Public Storage Acquires Self Storage In Valrico For $6.9M

2504 State Highway 60

See Similar Deals
Self Storage80,000 SF
Sold 10/27/2025
the dealdetailscomps

Summary

FLORIDA
Asset Type:Self Storage
Price Per Square Foot:$86
Total Square Footage:80,000 SF
Transaction Type:Sale

The self-storage property involved in the transaction is located at 2504 East State Highway 60 in Valrico. The asset spans 80,000 square feet and was sold for $6,900,000, equivalent to a price per square foot of $86.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $6,900,000
  • Address: 2504 East State Highway 60
  • Market: Valrico
  • Square Footage: 80,000
  • Price per Square Foot: $86
  • Buyer: Joseph D. Russell, Jr - Public Storage
  • Seller: Jason Fox - WP Carey Inc

The acquisition by Public Storage represents an expansion in their operations within the Tampa Bay market. The deal was made with W.P. Carey-managed Valrico Storage 18 (FL) LLC, reflecting ongoing trends among REITs in acquiring storage assets driven by population growth in regions east of Tampa.

Players

PS
Public Storage
BUYER

Details

SOLD
IMAGE: Jason Fox & Joseph D. Russell, Jr DATE: 10/27/2025 ADDRESS: 2504 East State Highway 60 MARKET: Valrico ASSET TYPE: Self Storage BUYER: Joseph D. Russell, Jr - Public Storage (@PublicStorage) SELLER: Jason Fox - WP Carey Inc SALE PRICE: $6,900,000 SF: 80,000 ~ PPSF: $86 NOTE: Public Storage acquired the 80,000-square-foot self-storage property at 2504 E. State Road 60 in Valrico for $6.9 million from W.P. Carey–managed Valrico Storage 18 (FL) LLC. The deal expands Public Storage’s footprint in the Tampa Bay market as REITs continue buying storage assets amid population growth east of Tampa.

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