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Amerco Real Estate Co., announces the acquisition of two CubeSmart facilities in Ankeny and West Des

The property has been acquired from Omaha, Nebraska-based HFB II LLC

December 7, 2022: Amerco Real Estate Co., the parent company of Phoenix-based U-Haul International Inc., has acquired two CubeSmart facilities in Ankeny and West Des Moines, Iowa, for a combined $22 million from Omaha, Nebraska-based HFB II LLC.

The 4-acre Ankeny site at 1204 S.E. 16th Court contains a four-story, 149,074-square-foot, climate-controlled building that was completed earlier this year. It also includes three single-story buildings. The 3-acre parcel at 6220 Village View Drive in West Des Moines contains a three-story, 90,215-square-foot, climate-controlled building that opened in 2020.

Established in 1945, U-Haul owns and manages more than 75 million square feet of storage space nationwide.

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