A CBRE Investment Management fund purchased a portfolio of 14 self-storage sites totaling 8,697 units in Southern California and Utah. CBRE partnered with the William Warren Group on the deal. WWG will manage the acquired facilities under its StorQuest Self Storage name. The fund now owns 100—self-storage properties totaling 55,477 units nationwide. Nick Walker, vice…

Global investment firm KKR has sold three self-storage facilities recently with the help of the CBRE Self Storage Advisory Group, including one in California for $23 million. Dallas-based operator Baranof Holdings purchased the 774-unit self-storage facility at 3111 Third St. in the Inland Empire city of Riverside, CA (below). CubeSmart manages the facility, a three-story building…

Boardwalk Development Group sold a 10-property, 3,369-unit self-storage portfolio located in Atlanta, Georgia and Tennessee. The properties operate under the Mini Mall Storage brand. The purchaser was Avenue Living Asset Management. The Alabama facility is in Opelika. In Georgia, the sites are in Dahlonega, Clermont, Loganvile, Perry and Jasper. In Tennessee, they are in Ooltewah,…

Houston, TX-based LandPark Advisors LLC, in a joint venture with Sunset Capital LLC bought an eight-property self-storage portfolio in East Texas (in the Dallas-Fort Worth MSA). Right Move Storage LLC will manage the portfolio. Extensive improvements and starting up an efficient leasing and management strategy are planned. “Right Move has intimate knowledge of these assets…