Extra Space Storage purchased a 20-facility portfolio from Dallas, TX-based operator Assured Self Storage for more than $100 million, The SpareFoot Storage Beat has learned.

The entire portfolio is in the Dallas-Fort Worth metro area. An exact purchase price has not been disclosed, but Extra Space reported the acquisition of 24 facilities since the end of the quarter in Texas, Arizona and Georgia for a total cost of $192.9 million. Extra Space is a self-storage REIT based in Salt Lake City, UT.

The Arizona facility now owned by Extra Space, at 5115 N. 59th St. in Glendale, AZ, was sold by an entity registered to Don Valk, founder of Assured Self Storage. The facility operated under the name Arizona Storage and sold for $9 million.

Valk’s company bought the Arizona property for $3 million in January 2014 from a Phoenix, AZ-based company, according to property records.

Family business

Blair Valk, CEO of Assured, declined to comment on the deal. Her father, Don, founded the company in 1976. Assured still owns three facilities in the Dallas-Fort Worth market, according to its website.

Almost all of the sold facilities were individually owned by Don Valk, according to county deed records.

The acquisition brings Extra Space Storage’s footprint in the Dallas-Fort Worth area to more than 50 locations.

Here is a list of the Assured Self Storage locations purchased by Extra Space:

12100 Shiloh Road
Dallas, TX

1351 Highway 1187
Mansfield, TX

503 S. Haskell Ave.
Dallas, TX

4200 K Ave.
Plano, TX

6600 K Ave.
Plano, TX

5104 14th St.
Plano, TX

2600 State Highway 121
Lewisville, TX

4251 N. State Highway 161
Irving, TX

3950 Gus Thomasson Road
Mesquite, TX

2301 W. Story Road
Irving, TX

1751 E. Belt Line Road
Coppell, TX

1455 Highway 66
Garland, TX

730 E. Wheatland Road
Duncanville, TX

213 S. Watson Road
Arlington, TX

39050 Lyndon B. Johnson Freeway
Dallas, TX

8441 Clark Road
Dallas, TX

303 E. Highway 67
Duncanville, TX

811 S. Hampton Road
DeSoto, TX

8111 U.S. 287 Frontage Road
Arlington, TX

2814 S. Walton Walker Blvd.
Dallas, TX

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Alexander Harris