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Westport Properties Acquires 2,300 Self-Storage Units in LA, San Diego Metros
Cushman & Wakefield’s Self Storage Advisory Group has completed the sale of a core self-storage portfolio comprising two StorQuest Self Storage-managed) assets in Southern California. Located in Carson and Carlsbad and built in 2006 and 2008, respectively, the assets are both well positioned in high-end and highly visible locations. The portfolio totals 270,841 rentable square feet and 2,284 units and was approximately 90% occupied at the time of sale.
The buyer was Westport Properties; the seller was undisclosed. Greg Wells, Kevin Cuff, Luke Elliott and Mike Mele with Cushman & Wakefield’s Self Storage Advisory Group handled the transaction on behalf of the seller.
Located at 17106 Avalon Blvd., the Carson asset sits on roughly ±4.5 acres with excellent accessibility and visibility on a major heavily trafficked thoroughfare in the Los Angeles South Bay area. Located at 2500 Campbell Pl., the Carlsbad location is situated on roughly ±3.4 acres at a high-profile intersection that is also heavily trafficked.
- ◦Sale/Acquisition
