New York City, NY-based W.P. Carey recently completed a series of self-storage acquisitions for a combined price of $53 million.

W.P. Carey, a real estate REIT, invests in self-storage, office, retail and industrial properties. Extra Space Storage manages five of the newly acquired properties; CubeSmart manages the two others.

The seven one-off deals bring W.P. Carey’s 2014 acquisition tally to 14, with a total price tag of $100 million.

“Our ability to source and execute on this number of transactions is the result of having a nimble and focused team who can recognize attractive investment opportunities,” said Liz Raun Schlesinger, managing director of W.P. Carey.

The properties were acquired by CPA: 18-Global, one of the company’s affiliated non-traded REITs.

Coast to coast

The seven facilities, acquired between August and December, are in five states: California, Florida, Georgia, Hawaii and Texas.

Here are details about the seven facilities.

1400 NE Savannah Road, Jensen Beach, FL
Rentable square feet: 63,650
Units: 755
Managed by: Extra Space Storage

800 NW 31st Ave., Pompano Beach, FL (pictured at top)
Rentable square feet: 74,927
Units: 771
Managed by: Extra Space Storage

73-4864 Kanalani St., Kailua-Kona, HI
Rentable square feet: 56,352
Units: 507
Managed by: Extra Space Storage

217 FM-517 Road West, Dickinson, TX
Rentable square feet: 76,800
Units: 660
Managed by: Extra Space Storage

9722 N. Sam Houston Parkway East, Humble, TX
Rentable square feet: 59,325
Units: 468
Managed by: CubeSmart

Addresses and management information could not be confirmed for these two properties:

Temecula, CA
Rentable square feet: 89,228
Units: 660

Cumming, GA
Rentable square feet: 73,237
Units: 513

W.P. Carey owns 163 self-storage facilities in the U.S., with about 10 million rentable square feet.

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Alexander Harris