Barker Pacific Group, a Cerritos, Calif., real estate developer, acquired A-American Self Storage in Santa Maria, Calif., from A-American/Santa Maria Storage Partners for $4.5 million. The transaction was made through Barker Pacific Group’s affiliate, Union Development Co. (UDC).
The self-storage and RV storage will be rebranded under UDC’s Storage Solutions portfolio, which includes 20 self-storage locations in Los Angeles, Orange County, Riverside, San Bernardino and Santa Barbara counties.
The five-acre site has 108,564 square feet of rentable space with 849 storage units and 99 RV-parking spaces.
Source: Santa Maria Times, A-American Self Storage Sold