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LOCKAWAY STORAGE LOCATION FETCHES $8.6 MILLION

SUNNYVALE, CALIF. — Dividend Capital Group has purchased Lockaway Storage in Sunnyvale for $8.6 million. Located at 222 W. Ahwanee Ave., the 533-unit property consists of 45,500 rentable square feet. At the time of acquisition, the property was 90 percent occupied. Greg Wells of Grubb & Ellis|BRE Commercial represented the seller, Lockaway Storage, in the transaction.

Content Partners
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