Southern Storage Group Sells Two Texas Self-Storage Facilities

The Southern Storage Group (SSG), a Texas-based real estate firm focused exclusively on the self-storage industry, has brokered the sale of Austin Mini Storage on Hamilton Lane in Austin and Alpha Mini Storage at 32525 Interstate 10 W, in Boerne, Texas.

The Southern Storage Group (SSG), a Texas-based real estate firm focused exclusively on the self-storage industry, has brokered the sale of Austin Mini Storage on Hamilton Lane in Austin and Alpha Mini Storage at 32525 Interstate 10 W, in Boerne, Texas.

The Austin facility was built in 1971 and was 25 percent occupied at the time of sale. It has visibility from Highway 183 and is in the shadow of a Randall's anchored shopping center. The property was on the market for 24 days. SSG Partner Bill Bellomy negotiated the sale between the Las Vegas-based seller and the Texas-based buyer.

Alpha Mini Storage, a 125-unit facility, was 75 percent occupied at the time of the sale. Bellomy negotiated the sale between the Texas-based buyer and seller.

SSG is a full-service real estate brokerage company focusing exclusively on the sale and financing of self-storage properties nationwide. The company has offices in Austin and Houston.

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