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February 23, 2019
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NORTHERN CALIFORNIA NEWS
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Ramser Development Company Buys Lockaway Storage in Castro Valley

1/23/19

Ramser Development Company purchased Lockaway Storage in Castro Valley, a primarily residential community in the East Bay. Located at 8555 Dublin Canyon Rd, the project contains 26k sf of storage area as well as 135 outdoor RV/boat parking spaces.

Greg Well with Cushman & Wakefield’s Self Storage Practice Group represented the seller, a private individual based in Northern California, and also procured the OC-based buyer in the transaction.

“Lockaway Storage – Castro Valley is a best-in-class asset located adjacent to Interstate 580 midway between Hayward and the Dublin/Pleasanton communities,” said Wells. “This strategic location has ensured the project maintains high occupancy (95%+) and will provide the buyer with excellent long term cash flow potential.”




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