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UTEX Storage Partners Acquires Self Storage Portfolio From Brookwood Properties In San Antonio And Austin

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UTEX Storage Partners Acquires Self Storage Portfolio From Brookwood Properties In San Antonio And Austin

Self Storage235,525 SF
Sold
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Summary

Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:235525 SF
Transaction Type:Sale

The transaction involved a self-storage portfolio consisting of two facilities located in Central Texas, specifically in the San Antonio and Austin markets. The portfolio includes a total of 2,473 units, offering 235,525 square feet of space, predominantly climate-controlled. The facility in San Antonio has 940 units covering 88,325 square feet, while the Austin facility features 1,533 units within 147,200 square feet.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Units: 2,473
  • Square Footage: 235,525
  • Address: Self Storage Portfolio
  • Market: San Antonio & Austin
  • Buyer: UTEX Storage Partners
  • Seller: Brookwood Properties
  • Broker: Jon Danklefs - Marcus & Millichap

Jon Danklefs of Marcus & Millichap represented the transaction, facilitating the sale of the properties developed by Brookwood Properties. This transaction highlights the ongoing activity within the self-storage market in the Central Texas region.

Players

Jon Danklefs
24 deals
BROKER

Details

SOLD
IMAGE: Jon Danklefs DATE: 10/14/2024 ADDRESS: Self Storage Portfolio MARKET: San Antonio & Austin ASSET TYPE: Self Storage ~ UNITS: 2,473 ~ SF: 235,525 BUYER: UTEX Storage Partners SELLER: Brookwood Properties BROKER: Jon Danklefs (@DanklefsStorageGroup) - Marcus & Millichap (@MarcusMillichapinc) NOTE: Marcus & Millichap facilitated the sale of two self-storage facilities in Central Texas, totaling 2,473 units across San Antonio and Austin. The San Antonio property offers 940 units in 88,325 square feet, while the Austin property features 1,533 units in 147,200 square feet; both were developed by Brookwood Properties and are predominantly climate-controlled.

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