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MCCOOK, ILL. — A real estate fund managed by Morgan Stanley has purchased a storage facility in McCook for $7.2 million. The property includes 69,945-square-foot of rentable space and 698 storage units. Located at 9001 W. 47th St., the facility is about 90 percent occupied. The property will be rebranded as a Safeguard Storage. The sale marks the first non-distressed sale of a stabilized, Class A self-storage property in the Chicago area in three years.