Life Storage Inc. Acquires Self Storage Portfolio In Chicago, Plano, Little Elm, Garland, Flower Mound TX, Durham, Raleigh & Spring Lake NC
6331 North Broadway Street, 2845 McDermott Road, 11901 FM 423, 3341 West Campbell Road, 2711 Justin Road, 1651 TW Alexander Drive, 9300 Fayetteville Road & 809 Chapel Hill Road
Summary
Life Storage Inc. has acquired a portfolio of self-storage properties from Harrison Street for an undisclosed amount. The portfolio includes a total of 4,317 units located in various cities across the United States.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: Undisclosed
- Properties:
- 6331 N Broadway St, Chicago
- 2845 McDermott Rd, Plano
- 11901 FM 423, Little Elm
- 3341 West Campbell Rd, Garland
- 2711 Justin Rd, Flower Mound TX
- 1651 TW Alexander Dr, Durham, NC
- 9300 Fayetteville Rd, Raleigh, NC
- 809 Chapel Hill Rd, Spring Lake, NC
- Brokerage: JLL Capital Markets
- Brokers: Steve Mellon, Brian Somoza, Adam Roossien, Matthew Wheeler, Robert Westerfield, Steven Rutman, Dan Reynolds, and Ryan Clutter
The acquisition was facilitated by JLL Capital Markets, with a team of brokers led by Steve Mellon, Brian Somoza, Adam Roossien, Matthew Wheeler, Robert Westerfield, Steven Rutman, Dan Reynolds, and Ryan Clutter. This transaction further strengthens Life Storage Inc.'s presence in the self-storage market.
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