Bellomy & Co. Brokers 3 Self-Storage Transactions
- Jan 04, 2018
Bellomy & Co. has arranged the sale of three assets in Texas. The firm brokered the sale of two self-storage facilities in Houston and San Antonio and a self-storage development site in Austin. Bellomy & Co. represented the seller in two of the deals and procured the buyer in all three transactions.
At 12310 Perry Road in Houston, Right Move Storage is located alongside Highway 249 and provides access to Beltway 8. Storage Solutions Perry Road LP sold the facility to a Houston-based buyer. Right Move Storage sits on a 7.9-acre site and comprises 99,445 net rentable square feet, 742 units and climate- and non-climate controlled spaces.
Store It All Self Storage has acquired Judson Storage, at 14989 Judson Road in San Antonio, a 129,573-net-rentable-square-foot facility, which comprises 606 units. The property was 72 percent occupied at the time of the sale. In this transaction, HLB Investments represented the San Antonio-based seller, and Bellomy & Co. procured the buyer.
Located at the corner of Interstate 35 and Teri Road, the Teri Lane is a 1.3-acre development site, less than five miles from downtown Austin. Bellomy & Co. represented the buyer, liberty Storage Austin South LLC and procured the seller, TD Storage.
The company’s brokerage team included Bill Bellomy, Michael Johnson and John Arnold. The team also arranged the sale of Waukee Storage Masters, a self-storage facility in Waukee, Iowa, in November 2017.
Images Courtesy of Yardi Matrix