Find Local Storage

Arcland Property Co. acquired two American Self Storage facilities in Washington, DC

The properties will be branded and managed by Self Storage Plus

November 6, 2022: Arcland Property Co. acquired two American Self Storage facilities in the Washington, D.C. market in an off-market deal. Combined, the properties at 4551 Eisenhower Ave. in Alexandria, Virginia, and 3700 Plyers Mill Road in Kensington, Maryland, comprise about 281,000 square feet in 3,100 units. They’ll be branded and managed by Self Storage Plus, which operates 63 facilities in Florida, Maryland, the Virginias and Washington, D.C. Based in D.C., Arcland is a real estate development and investment firm specializing in self-storage in the mid-Atlantic states.

Source: https://www.insideselfstorage.com/investing-and-real-estate/self-storage-real-estate-acquisitions-and-sales-november-2022