SecurCare operates more than 140 storage facilities in 12 states
August 13, 2015: An affiliate of NSAT (National Storage Affiliates Trust), SecurCare Self Storage Inc., announces the acquisition of ValueSpace Storage portfolio in Georgia.
The transaction was brokered by Steve Mellon and Brian Somoza, managing directors of the National Self Storage Team for JLL.
“The portfolio is well-occupied, and because each site has room for expansion, the new ownership has the opportunity to create additional revenue,” Mellon said.
According to a press release from JLL (Jones Lang LaSalle) Capital Markets, the investment-management firm that brokered the deal, the total net rentable area of the portfolio is 96,000 square feet, with the ability to expand.
Features include climate-controlled and drive-up units, electronic access, perimeter fencing, outdoor parking, rental mailboxes and video cameras.
Based in Greenwood Village, Colo., National Storage Affiliates Trust is a self-administered, self-managed real estate investment trust managing 246 self-storage
facilities containing 14 million net rentable square feet.
Jones Lang LaSalle has over 230 corporate offices managing in 80 countries and a global workforce of approximately 58,000.