REBusinessOnline

Pinnacle Storage Acquires 572-Unit Self-Storage Facility in Conroe, Texas

CONROE, TEXAS — Pinnacle Storage Properties, a self-storage development and investment firm based in the Houston area, has acquired Preferred Mini Storage, a 572-unit facility in Conroe, roughly 40 miles north of Houston. The property was built in 1996 and expanded in 2017. About 76 percent (434) of the units are climate-controlled. Daniel Hartnett of Greysteel arranged a non-recourse bridge loan on behalf of Pinnacle for the acquisition. Bill Bellomy and Michael Johnson of Bellomy & Co. represented the seller, Copra Holdings LLC.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties