November 8, 2017 Comments Off on Six State, 27-Property Self Storage Portfolio Sold Views: 1748 Colorado, Georgia, Indiana, Kansas, Louisiana, National News, Southwest, Texas News

Six State, 27-Property Self Storage Portfolio Sold

A joint venture partnership between certain funds managed by Westport Capital Partners LLC and Store Here Management, LLC divested a 27-property self storage portfolio totaling 1.7 million square feet. The portfolio totals 12,171 units, and is located in Colorado, Georgia, Indiana, Kansas, Louisiana and Texas.

The portfolio, which currently operates under the Store Here brand, is 80.6%-occupied and features fully integrated amenities, including gate access, security cameras, climate-controlled and/or drive-up units, onsite management and R/V and surface parking. The properties are in eight MSAs, including Colorado Springs, CO, Atlanta, Indianapolis, Kansas City, KS, Shreveport, LA and Austin, Dallas and San Antonio.

HFF’s Barbara Guffey and Tom Doyle marketed the property on behalf of the seller. The buyer was reportedly National Storage Affiliates Trust (NSAT).

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