Store Here Self-Storage Acquires First Asset in St. Louis

The 600-unit self storage property is the company’s first investment in St. Louis.

By Adina Marcut

8319 Jennings Station Rd., St. Louis
8319 Jennings Station Rd., St. Louis

St. Louis—Store Here Self Storage recently announced the acquisition of a multi-story indoor self-storage facility located at 8319 Jennings Station Road,  in Jennings, Mo.

According to Yardi Matrix data, RHW Capital Management Group bought the property for roughly $51 million in January.

The property is situated on the corner of Jennings Station Road and West Florissant Avenue. The building was formerly a Schnuck’s grocery store before being converted into a self storage facility in 2016.

The 600-unit building consists of two high loading docks for easy movement of goods, an elevator, a freight lift and indoor climate control. The size of the units varies from s five-foot by five-foot with eight-foot-high ceilings, to large units that are 10 feet wide and 20 feet long with nine foot ceilings. Every unit is equipped with a roll-up door.

The investment in Jennings, Mo., marks the company’s first site in the Metro St. Louis market.

Image courtesy of Store Here Self Storage