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US Storage Centers Acquires Massachusetts Self Storage Facility from Planet Self Storage
Friday 14 June 2019

14 June 2019 - California, US-based national self-storage facilities owner/operator US Storage Centers has acquired a 445 unit, 34,116-square-foot Boston area self-storage facility from Planet Self Storage, the company said.
Terms of the transaction were not disclosed.
With this acquisition, US Storage Centers now owns and operates four self-storage facilities in the Boston area.
US Storage Centers said it will continue to be active in this part of the country and plan on having a much larger market share in this state over the coming months.
US Storage Centers is a fully integrated operator that develops, acquires and manages its portfolio--additionally, the company provides third-party management services.
As of September 2018, it has over 9.0m rentable square feet under management and employs approximately 350 people nationwide.
Details
Date Published: 14/06/2019
Target: 445 unit, 34,116-square-foot Boston area self-storage facility
Country: USA
Sector: Construction/Real Estate
Type: LBO
Status: Closed
Vendor: Planet Self Storage
Buyer: US Storage Centers
Comment:
Terms of the deal were not disclosed

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