SELF-STORAGE/RV FACILITY TRADES FOR $4.5 MILLION IN SANTA BARBARA COUNTY

SANTA MARIA, CALIF. — Through its affiliate Union Development Co. (UDC), Los Angeles-based real estate developer Barker Pacific Group has acquired A-American Self Storage, a self-storage and RV-storage facility in Santa Maria, for $4.5 million. Purchased from A-American/Santa Maria Storage Partners, the facility will be re-branded under UDC’s Storage Solutions name. The acquisition includes 108,564 square feet of rentable space across 849 storage units and 99 RV parking spaces on 5.65 acres.