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JLL Team Complete on the Sale of Two Self Storage Facilities

JLL Team Complete on the Sale of Two Self Storage Facilities
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The two stores, which had been operated by The Space Place Self Storage, are located in Leicester and Telford, and were acquired by Storage Giant for an undisclosed price.

The stores offer over 54,000 sq ft of storage space, with the ability to extend to over 72,000 sq ft. Tom Caines in JLL’s Alternatives team, commented: “Importantly these sales emphasis the continued strength of the UK self storage market, with appetite from operators and investors for both leasehold and freehold owned assets post Brexit.”

Simon Williams of Storage Giant, added: “Having built a strong platform of five stores along the M4 corridor, the acquisition of these two stores helps us to expand into new markets. We continue to look for opportunities to acquire or develop new stores across the UK.”

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