South Florida Buyer Acquires 464-Unit All American Storage Facility In Lubbock Texas

The transaction involved the acquisition of a self-storage facility located at 5839 49th Street in Lubbock, TX. The asset encompasses 54,453 square feet and consists of 464 units, providing ample space for storage needs. The sale involved a South Florida-based buyer, while specific financial details regarding the transaction amount remain undisclosed.

Summary of transation details:

• Property Type: Self Storage
• Transaction Amount: Not Disclosed
• Address: 5839 49th Street
• Market: Lubbock, TX
• Square Footage: 54,453
• Units: 464

In this deal, the seller and buyer were both limited liability companies. The brokers representing the seller and sourcing the buyer were Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne, and Kirk Silas from Versal, highlighting the involvement of multiple representatives in the transaction.