Inside Self-Storage is part of the divisionName Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Strategic Storage Trust Buys Two Facilities for $5.8M

Strategic Storage Trust Inc., a publicly registered, non-traded real estate investment trust, acquired two facilities for a combined purchase price of $5.8 million. 

Strategic Storage Trust Inc., a publicly registered, non-traded real estate investment trust, acquired two facilities for a combined purchase price of $5.8 million. 

The 600-unit facility in Montgomery, Ala., is six miles east of downtown. It sits on 5.5 acres and has approximately 94,600 rentable square feet. The facility was constructed in 1995 and remodeled in 2004. The Phoenix facility, built in 1974, has 520 units on 1.4 acres with 38,750 rentable square feet. Both properties were purchased from an unaffiliated third party.

Related Articles:

Kentucky Facilities Added to Strategic Storage Trust Portfolio

Strategic Storage Trust Celebrates One-Year Anniversary

Strategic Storage Trust Chooses Centershift Software

 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish