Lockaway Storage Expands in Metro San Antonio

The company acquired Storage Solutions of Boerne, a 465-unit facility in Boerne, Texas.

Boerne, Texas—Bellomy & Co. has arranged the sale of Storage Solutions of Boerne in Boerne, Texas, which is part of the San Antonio MSA.

Storage Solutions of Boerne

Storage Solutions of Boerne

Bill Bellomy, Michael Johnson and John Arnold structured the off-market transaction between the local seller and the buyer, Lockaway Storage. Lockaway operates more than 50 self-storage properties in California and Texas.

The Boerne facility was built in 2009 and consists of 465 units totaling 67,500 net rentable square feet. The 7.9-acre property is located about 30 miles northwest of San Antonio and was 83 percent occupied at the time of closing.

Bellomy & Co. has offices in Austin, Houston and Atlanta, with a team exclusively focused on the self-storage industry.

Image courtesy of Bellomy & Co.