Compass Self Storage Acquires 87,376 SF Self Storage Property In Spring, Texas For $7M

Compass Self Storage, part of Amsdell Cos., has acquired an 87,376-square-foot self storage property located at 25528 Aldine Westfield in Spring, Texas. The property, situated on a 6-acre lot, was purchased from Inland Real Estate Group for $7 million. This transaction marks Compass Self Storage's entry into the Houston market. The facility offers a range of storage options and amenities to cater to various needs.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $7 million
• Address: 25528 Aldine Westfield, Spring, Texas
• Market: Spring
• Size: 87,376 square feet
• Acres: 6

The buyer, Compass Self Storage, made this acquisition through the representation of brokers Charles LeClaire and Dave Knobler from The LeClaire-Schlosser Group, affiliated with Marcus & Millichap. The seller, Inland Real Estate Group, facilitated the transaction. Additionally, The Huntington National Bank acted as the lender in this deal.