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Six State, 27-Property Self Storage Portfolio Sold

A joint venture partnership between certain funds managed by Westport Capital Partners LLC and Store Here Management, LLC divested a 27-property self storage portfolio totaling 1.7 million square feet. The portfolio totals 12,171 units, and is located in Colorado, Georgia, Indiana, Kansas, Louisiana and Texas.

The portfolio, which currently operates under the Store Here brand, is 80.6%-occupied and features fully integrated amenities, including gate access, security cameras, climate-controlled and/or drive-up units, onsite management and R/V and surface parking. The properties are in eight MSAs, including Colorado Springs, CO, Atlanta, Indianapolis, Kansas City, KS, Shreveport, LA and Austin, Dallas and San Antonio.

HFF’s Barbara Guffey and Tom Doyle marketed the property on behalf of the seller. The buyer was reportedly National Storage Affiliates Trust (NSAT).

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.