Storage Opportunity Partners LLC and Storage Pros Self Storage acquired two Massachusetts self-storage facilities, one in the Cape Cod town of Falmouth and the other in Fairhaven.
The Falmouth facility, on State Route 28, has 79,495 rentable square feet in five two-story buildings. Truck rental will be added to this facility.
The Fairhaven facility, with frontage on State Route 240, consists of 41,500 rentable square feet in six single-story buildings. The new ownership will update the site, including the complete renovation one building to add climate control.
The properties will be rebranded Storage Pros Self Storage and operated by Storage Pros Management LLC, a wholly owned subsidiary of StorageOp that offers third-party property-management services.
The acquisition brings StorageOp’s holdings to 13 properties totaling 780,000 rentable square feet, 6,800 units and more than 950 outdoor parking spaces. All properties are in the company’s target markets of New England and Southeast Michigan and were acquired over the past two and a half years.
StorageOp Acquires Rhode Island Facility
Storage Opportunity Partners Acquires Secure Self Storage