Airport South Mini Storage in San Jose, Calif., was recently sold to Pegasus Group, a Walnut Creek, Calif.-based real estate development and management company. Located at 355 W. Hedding St., the facility is about three miles south of Mineta San Jose International Airport and minutes from the downtown area. The property contains approximately 60,000 net rentable square feet and 398 self-storage units. The facility offers free use of a moving truck to tenants, moving supplies, records and archive storage with built-in shelving, and a business center with faxing, copying, delivery and pick-up services.
The store will be rebranded as Central Self-Storage San Jose II and fully integrated into the Pegasus operating platform. The company will undertake a major capital-improvement program for this facility, adding a new security system with individual door alarms and a digital video-monitoring system, as well as painting and remodeling the managers office.
This marks the 15th property for the Central Self Storage brand in Northern California. There are two more facilities in the Silicon Valley.
Founded in 1988, Pegasus Group owns and operates 60 commercial properties in the United States under the Central Self Storage brand.