In a joint venture with an institutional-equity partner, Barker Pacific Group Inc. acquired a facility in San Marcos, Calif., that had been owned by a family partnership for more than 20 years. The 84,000-square-foot property will be rebranded as Storage Solutions. The seller was represented by Greg Wells, director of broker services, and Jim Lewis, senior director, for the Self Storage Practice Group of Cushman & Wakefield, a global real estate advisor.
About Barker Pacific Group Inc.
Founded in 1983, Barker Pacific Group Inc. specializes in the acquisition and development of institutional-quality industrial, office and residential projects in select U.S. cities.
About Cushman & Wakefield
Founded in 1917, Cushman & Wakefield offers a complete range of services for all property types including consulting and appraisal, corporate services, debt and equity financing, investment banking, leasing, and sales and acquisitions. Its Self Storage Practice Group is dedicated to the self-storage asset class. The group offers consulting, data services, feasibility, investment advisory and valuation in major markets.