Buchanan Street Partners acquired a newly built self-storage facility in Las Vegas, NV. The property consists of 917 units across three buildings, with a total square footage of 103,570. The facility was purchased at a sale price of $21,800,000, translating to a price per unit of $23,773 and a price per square foot of $210. The address of the property is 310 Rock Springs Drive.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $21,800,000
• Units: 917
• Square Footage: 103,570
• Price per Unit: $23,773
• Price per Square Foot: $210
• Buyer: Buchanan Street Partners
• Market: Las Vegas, NV
• Note: The property was acquired in an off-market deal with the developer at certificate of occupancy.

The transaction involved Buchanan Street Partners as the buyer, indicating their investment strategy in the self-storage sector. This acquisition highlights the ongoing demand for self-storage units in the Las Vegas market and aligns with the company's portfolio growth objectives.