Katy, TX-based Pinnacle Storage Properties purchased two self-storage facilities near Houston, TX, from an unidentified seller. The purchase price wasn’t disclosed. Storage Plus of Old Katy, at 5310 E. Fifth St. in Katy, contains 531 units in 142,476 square feet. Storage Plus of Livingston, at 4414 U.S. Highway 190 West in Livingston, TX, offers 260 units in 46,100 square feet. A 35,050-square-foot expansion of the Livingston facility is underway.
Bellomy & Co. (Austin, TX) reports:
Bill Bellomy and Michael Johnson represented the seller and found the buyer of 365 Self Storage in Round Rock, TX. The seller was Austin, TX-based Storage at TV LP. The buyer was Atlanta, GA-based NitNeil Partners LLC. The purchase price wasn’t disclosed. The facility, at 2000 University Blvd., comprises 678 units in 77,450 net rentable square feet. Williamsville, NY-based Life Storage manages the facility.
SmartStop Self Storage REIT Inc. (Ladera Ranch, CA) reports:
SmartStop purchased a 975-unit certificate-of-occupancy storage facility in Gilbert, AZ. The seller wasn’t identified. The purchase price wasn’t disclosed. The address, unit count and square footage of the facility weren’t available.
Argus Self Storage Sales Network (Aurora, CO) reports:
Jeff Gorden and Kyle Topper of Phoenix, AZ-based Eagle Commercial Realty Services represented the unidentified buyer of Cochise Self Storage in Sunsites, AZ. The purchase price was $385,000. The facility, on nearly 2 acres at 407 N. Frontage Road, offers 136 units and two retail spots in 18,080 square feet.
Marcus & Millichap reports:
- Roger Hendricks of the Dallas, TX, office represented the unidentified buyer and seller of Jumbo Self Storage in Pasadena, TX. The purchase price wasn’t disclosed. The facility, at 4931 Allen Genoa Road, features 48,000 square feet. The unit count wasn’t available.
- Dave Knobler of the Houston, TX, office represented the unidentified buyer and seller of Redline Storage in Spring, TX. The purchase price wasn’t disclosed. The facility, at 3139 Cypress Road, covers 28,000 square feet. The unit count wasn’t available.