The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 15, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Passco and Patriot Self Storage Team up in Houston Self-Storage Buy

3/01/18

Passco Companies, in a joint venture partnership with Patriot Self Storage Management, has acquired a self-storage property totaling more than 54k sf in Houston, TX. The price was not disclosed

The facility, located at 4217 San Felipe St in Houston’s River Oaks residential community, includes 54.3k sf of rentable space and 1k sf of temperature-controlled wine storage space. The buyers plan to rebrand the properties to Patriot Self Storage.

“This purchase offered the opportunity to acquire a high performing self storage asset in a market that is primed for strong economic growth,” says Scott Allen, President of Passco Companies Development. “Houston has continued to experience strong population gains, quality demographics and year-over-year job growth.”

The Houston Metro posted the second largest population gain of any U.S. metro area in 2016, and was named the third best city for future job growth by Forbes in 2017.

Aaron Swerdlin at NKF Capital Markets represented the buyer and the seller, a partnership between Clarion Partners and Private Mini Storage.






Return to the Archive page
 
 
 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media