Versal Brokers Sale Of 265-Unit Self Storage Facility In Lancaster Texas

The property involved in this transaction is Lasoto Self Storage, a facility located at 1920 North Interstate 35 East, Lancaster, Texas. The asset type is self storage, with a total square footage of 44,940 and comprising 265 individual units. The facility was originally built in the 1980s.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: Undisclosed
• Square Footage: 44,940
• Units: 265
• Address: 1920 North Interstate 35 East
• Market: Lancaster

The transaction was brokered by Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne, all representing Versal in the deal. The identities of both the buyer and seller have been kept anonymous, with both parties being based in Texas.