Merit Hill Acquires 549-Unit Self-Storage Facility in Greater Houston
CONROE, TEXAS — New York-based investment firm Merit Hill Capital has acquired Gladstell Self Storage, a 549-unit facility in Conroe, about 40 miles north of downtown Houston. The 66,575-square-foot property includes 50 RV and boat storage spaces. Nick Walker and Trevor Roberts of CBRE represented the seller, PV Conroe Storage LLC, in the transaction. The buyer’s representative and the sales price were not disclosed.