HARRISON STREET ACQUIRES SELF-STORAGE PORTFOLIO

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TEXAS — Chicago-based Harrison Street Real Estate Capital has acquired a nine-property self-storage portfolio located in Texas. The portfolio totals 536,000 square feet and 5,300 units. Five of the properties are located in the Houston area, and the remaining four properties are located in Austin, Dallas, Plano and San Antonio. Harrison Street plans to rebrand each of the facilities as Morningstar Mini-Storage. They will be managed by one of the company's affiliates, Matthews, N.C.-based Morningstar Properties LLC. With this acquisition, Harrison Street increased the size of its self-storage portfolio to 74 properties in 16 states totaling 47,000 units.

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