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Morningstar’s Blue Doors Storage Fund II announces the acquisition of San Antonio Self-Storage Facility
The new facility will be renamed as Morningstar 

August 2, 2015: Based in North Carolina, Morningstar Properties LLC, which manages self-storage facilities under the Morningstar Mini-Storage brand, announces the acquisition of Blue Llama Storage at 6826 Alamo Parkway in the Alamo Ranch neighborhood of San Antonio. The Alamo Ranch asset is the company’s fifth location in the San Antonio metro market. Reports:
This brand-new and very crisp facility, fittingly named Morningstar of Alamo Ranch, is well situated to serve this very dynamic growth area anchored by the Alamo Ranch master-planned development,” said Dave Benson, president of Morningstar Properties. “As we look to expand our footprint in Texas, the San Antonio [metropolitan statistical area] is a strategic focus."

The facility has 95,000 total square feet, 50,000 of which are climate-controlled, and 575 storage units. 

According to the release, the property had been owned by ACSTORAGE LLC. 

Established in North Carolina, Morningstar Properties is operational since 1981. The company has acquired, developed and managed over 135 self-storage projects across the country, totaling over 8.8 million square feet. 

Currently the company owns and manages 36 self-storage centers in nine states, with most concentrated in the South.

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