The properties will be rebranded under the US Storage Centers name
August 6, 2018: Wentworth Storage Co. (WSC), the self-storage division of Wentworth Property Co. LLC, has acquired two self-storage facilities in San Antonio from Miller Ltd. Partnership. The properties, formerly operated as Handy Space Mini Storage, will be rebranded under the US Storage Centers name, according to a press release.
Built on 9 acres in 1985, the facility at 636 S.W. Loop 410 comprises 162,288 square feet of storage space in 766 units. The facility at 9030 Perrin Beitel Road includes 100,622 square feet in 788 units. It was built on 4.9 acres in 1983.
“We are very excited to finally break into Texas—where we have an office—and add these two outstanding storage facilities to our overall portfolio of properties,” said Dave King, managing director of self-storage for WSC. “We recognize the potential in Texas to add value to the existing, highly occupied facilities, and are looking for additional properties to acquire in the core market.”
The real estate transaction was brokered by Nick Walker, executive vice president for real estate firm CBRE Group Inc.
Based in Phoenix, Wentworth Property has developed more than 8 million square feet of commercial office and industrial space. Its portfolio includes build-to-suit, conversions and ground-up developments. The company launched its storage division in 2015. Today, WSC owns more than 25 facilities in Arizona, California, Colorado, Oregon and Texas, totaling 2.5 million square feet of storage space.