VARIANT COMMERCIAL ACQUIRES SELF STORAGE FACILITY

PASADENA, TEXAS — Variant Commercial Real Estate has purchased a bank-owned, 759-unit self storage facility in Pasadena. The 90,000-square-foot facility is made up of both climate controlled and non-climate controlled units. Variant will bring in Morningstar to manage the facility. The acquisition brings Variant's self storage portfolio to almost 400,000 square feet.