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Two Minneapolis, MN Self Storage Facilities Sell for Undisclosed Price

Posted: 3/28/2018 Link: SpareFoot.com
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Irvine, CA-based self storage owner and operator US Storage Centers and Chicago, IL-based real estate investment firm Harrison Street Real Estate Capital LLC teamed up to buy two self storage facilities in the Minneapolis-St. Paul, MN, market. The seller was Wasatch Storage Partners LLC, an American Fork, UT-based real estate investment firm. The purchase prices were not disclosed. One of the facilities, at 1828 Buerkle Road in White Bear Lake, MN, comprises 972 units in 83,264 square feet. The other facility, at 9200 Hudson Blvd. in Lake Elmo, MN, has 790 units in 69,038 square feet. The facilities are being rebranded under the US Storage Centers name. They were previously operated by CubeSmart.

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