Extra Space Self Storage
Sold November 2013! The portfolio sold by Harrison Street consists of 19 institutional quality self-storage properties totaling 1,504,618 sf and approximately 13,750 units. The portfolio is in excellent condition and is located in eight states. Over 24% of the portfolio is located in California which has historically had the lowest cap rates given the high barrier to entry markets. Extra Space Storage is the second-largest owner and/or operator of self-storage properties and is the largest self storage management company in the United States.