Locktite Storage Sells Nine-Property Self-Storage Portfolio

Locktite Storage unloaded a nine-property self-storage portfolio — totaling 4,835 units — to National Storage Affiliates. The properties were situated in southeast and south-central Texas. JLL’s Steve Mellon and Brian Somoza represented the seller in the transaction.

“These properties have been extremely well-maintained and are located in high growth, premier investment markets,” Mellon said. “The facilities are also all within or near dense population centers, and have exhibited strong occupancy trends.”

The properties are in the Houston metro area (Deer Park, Houston, La Porte, Manvel and Pasadena); the Austin metro area (Dripping Springs and Wimberly); and the San Antonio area (Seguin). The portfolio is now operating under National Storage’s RightSpace Storage brand.

Pictured: LockTite Storage, Wimberly, TX

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