The property comprises 64,100 net rentable square feet of storage space in 558 units
August 2, 2017: Public Storage Inc., a self-storage real estate investment trust (REIT), has acquired Derby Self Storage in Holiday, Fla., from Aegis Storage LLC.
The property has five vehicle-parking spaces as well as 600 square feet for parking, according to a press release from SkyView Advisors, the investment-sales and advisory firm that represented the seller in the deal.
“We are continuing to experience strong interest in the self-storage assets we have on market, and Derby Self Storage was no exception,” said Ryan Clark, director of investment sales for SkyView, which specializes in self-storage acquisition, development, facility expansion and renovation, refinancing, and sales. Based in Tampa, the firm also has offices in Cleveland and Milwaukee.
Just last week, Public Storage opened a new facility in Humble, Texas, a growing suburb that lies northeast of Houston. The three-story asset at 8717 N. Sam Houston Parkway E. comprises 140,000 square feet in 1,183 units. The climate-controlled building includes three drive-up units. The property is part of the REIT’s “ongoing effort to expand in the region,” according to a press release.