Red Dot Storage Acquires 290 Self Storage Facility In Cypress, Texas

Red Dot Storage has acquired the 290 Self Storage facility in Cypress, Texas. The property, located at 17433 Lewis Drive, spans a total of 53,050 square feet and comprises 359 self-storage units. This off-market purchase marks Red Dot's second acquisition in the Houston metro area, further expanding its portfolio to approximately 7.9 million rentable square feet.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: Not Provided
• Units: 359
• Square Footage: 53,050
• Address: 17433 Lewis Drive, Cypress, Texas
• Market: Cypress

Chuck James, representing Red Dot Storage, played a key role in facilitating the acquisition. With this investment, Red Dot continues to strengthen its presence in the self-storage market, solidifying its position as a prominent player in the industry.