HFF Closes Sale of Self-Storage Portfolio in Texas
ByBarbara Guffey, HFF Houston
Houston—HFF announced that it has closed the sale of a four-property, Store Here-branded self-storage portfolio encompassing 2,162 units in Austin, Denton, Fort Worth and Harker Heights, Texas.
The portfolio consists of 201 West Stassney Lane in Austin, 1815 Shady Oaks Drive in Denton, 4772 Golden Triangle Blvd. in Fort Worth and 700 Indian Trail in Harker Heights (Killeen area). It comprises three warehouse/commercial spaces, 77 RV/surface parking space and 420 climate-controlled units, which represents 19.4 percent of the total units. All facilities are sited in highly-visible and accessible locations along the Interstate 35 corridor, a major north-south arterial highway that stretches around 500 miles within Texas and connects four of the state’s major cities: Austin, Dallas, Fort Worth and San Antonio…