Transport Properties Acquires 230,000 Square Foot Self Storage Portfolio In Texas Represented By Alex Wilson
1927 West Commerce Street, 3405 Aldine Bender Road, 3928 Naco Perrin Boulevard, 8601 Tuscany Way In Austin & 8601 Tuscany Way
Building Size
230,000 SF
Asset Type
Self Storage
Closing
May 18, 2026
AI
The sale involved a 56.2-acre portfolio of self-storage assets, including four locations: 1927 West Commerce Street, 3405 Aldine Bender Road, 3928 Naco Perrin Boulevard, and 8601 Tuscany Way. The total square footage for the portfolio amounts to 230,000 square feet, and the assets are positioned within the Dallas, Houston, San Antonio, and Austin, Texas markets.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Total Acreage: 56.2 acres
- Total Square Footage: 230,000 SF
- Buyer: Transport Properties
- Broker: Alex Wilson - Lee & Associates
- Market: Dallas, Houston, San Antonio & Austin, TX
Alex Wilson represented Transport Properties in the transaction. The seller's details and the pricing for the portfolio remain confidential, while the deal also included assets located in Chicago.
Players
Commerce Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93