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Crown Storage in Pensacola sold to SpareBox Storage
SpareBox Storage operates more than 90 locations in several states

June 20, 2022: Crown Storage in Pensacola, Florida, sold to SpareBox Storage, which operates more than 90 locations in several states. The facility at 9718 W. Highway 98 comprises 24,920 square feet in 260 units. 

The seller was represented in the transaction by Austin McLeod, associate vice president of Matthews Real Estate Investment Services, a commercial real estate investment firm. Launched in August 2020, SpareBox is sponsored by Rizk Ventures, which owns and operates commercial and healthcare properties in the United States and Colombia, South America.

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