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Saturday, February 11, 2012  

Self-Storage
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9/8/2008

Two California self-storage properties sell for $15M


In two separate transactions, two self-storage properties in Moreno Valley and Los Angeles, Calif., have been sold for $15.05 million.

In Moreno Valley, SecurCare California purchased the Self Storage Depot for $7.55 million from Moving & Self Storage Depot, LLC.

The seller was represented in the deal by Stephen Grossman of Lee & Associates while SecuCare was represented in-house. The property contains 850 units and is located at 13870 Indian St.

In Los Angeles, Extra Space Storage purchased the 210 Self Storage Development for $7.5 million from Morelli Brother Enterprises, LLC. Stephen Grossman also represented the seller in this transaction as well. The property is located at 12361 Foothill Blvd.

Address: 13870 Indian St., Moreno Valley, Calif.
- 12361 Foothill Blvd., Los Angeles, Calif.

Size: 850 units


Filed Under: Self-Storage

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