Texas-based Self Storage Solutions purchased the former Centurion Storage facility at 2310 North Loop 1604 West in San Antonio, TX at a public auction conducted by the U.S. Department of the Treasury.
The 113,000-square-foot facility was built in 2007, and later seized by the federal government starting in 2012 in connection with an international money laundering conspiracy case.
Records show that Self Storage Solutions won the auction that took place on October 27 for $11.45 million. The transaction closed in December. The facility now operates under the company’s A3 Storage Center brand. The 968-unit was about 75 percent occupied at the time of sale.