H. Michael Schwartz Of Strategic Storage Growth Trust III Acquires Self-Storage Facilities In Texas Florida Arizona

Five self-storage facilities were acquired by Strategic Storage Growth Trust III, Inc, located at 3701 FM Road 2181, 7905 Spencer Highway, 460 Florida Central Parkway, 6707 Narcoossee Road, and 4860 North 83rd Avenue. The total acquisition encompasses 500,500 square feet and 3,610 units. The largest facility is situated in Pasadena, TX, covering 150,000 square feet and offering 860 storage units alongside 80 RV spaces. The smallest facility is in Longwood, FL, with an area of 68,800 square feet and 560 units.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: Not specified
• Addresses: 3701 FM Road 2181, 7905 Spencer Highway, 460 Florida Central Parkway, 6707 Narcoossee Road, 4860 North 83rd Avenue
• Market: Corinth & Pasadena, TX; Longwood & Orlando, FL; Phoenix, AZ
• Total Square Footage: 500,500
• Total Units: 3,610
• Buyer: H. Michael Schwartz - Strategic Storage Growth Trust III, Inc

H. Michael Schwartz led the transaction representing Strategic Storage Growth Trust III, Inc, which specializes in self-storage facility acquisitions. This transaction marks the expansion of their portfolio across multiple states, contributing to their growth strategy in the self-storage sector.