Hong Kong’s Gaw Capital is the potential buyer, citing that discussions are preliminary at this time.
Acquisitions
One Self Storage Developer’s Decision to Sell Now
There’s a lot of capital in the market, and they’re looking for high-quality assets.
U-Haul Finds Benefits of Repurposing Old Buildings For Self Storage
U-Haul has been repurposing buildings for decades, sustainably reusing existing structures and benefiting communities.
VanWest Partners Ends Year With Two Acquisitions In Newest Fund
VanWest continues their goal of maintaining investor wealth through real estate investment strategies in self storage.
Four-Property Self Storage Portfolio Goes for $64.5 Million
Strategic Storage Trust IV buys 3,500-unit, newly built self-storage portfolio in NC, VA, and FL for $64.5M, including climate-controlled and drive-up units.
Europa Storage Group Acquires Second Self Storage Portfolio in Netherlands
ESG is continuing to grow their presence with this acquisition of 4 facilities near Limburg.
Storage Startup Clutter Enters Real Estate With $152M Buy
Clutter acquired The Storage Fox which includes three storage locations around the greater New York City area
Lindsey Self Storage Announces First Transaction With Europa Self Storage
Europa Storage Group has the goal of becoming a leading self storage operator throughout the European continent.
Public Storage Aims To Maintain A Hungry Appetite
An appetite for acquisitions that is. CEO Joe Russell expects the stream of acquisitions to be steady through 2019.
Determining a Reasonable Capitalization Rate
Capitalization rates for self storage facilities have stabilized over the previous three years.