National Storage Affiliates Acquires 22-Property Self-Storage Portfolio in SoCal

by Nellie Day

LOS ANGELES — National Storage Affiliates has purchased a 22-property self-storage portfolio in Southern California for an undisclosed sum. The properties are situated throughout Anaheim, Riverside, Apple Valley, South Gate, Harbor City, Grand Terrace, Palmdale, Victorville, Rosamond and San Diego. The transaction also includes seven facilities in Bakersfield and one in Fresno.

The portfolio has a combined occupancy of approximately 92 percent. The facilities contain a total of 1.6 million square feet.

CBRE’s Nicholas Walker represented both the buyer and seller, CPA: 17-Global, in this transaction. Extra Space Storage manages the portfolio.

You may also like