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POMONA, CALIF. – Storage Etc. has acquired a three-property AMS self-storage portfolio in California for $16.4 million. The facilities are located in Rosemead, Diamond Bar and Pomona.
The portfolio contains a total of 1,424 storage units and 155,005 rentable square feet. Its overall occupancy was about 80 percent at the time of sale.
The properties will be rebranded as Storage Etc. Fred Cordova of Kennedy Wilson and MJ Partners represented both the buyer and seller, American Mini Storage, in this transaction.