A joint venture comprised of three entities has completed the acquisition of five self-storage properties in the northern suburbs of Houston, Texas.
Neither the seller’s identity nor the sales price was disclosed.
The JV buyers — 180 Development Services LLC, Harrison Street Real Estate and Morningstar Properties — picked up a total of 290,507 rentable square feet and 1,911 storage units in the deal.
The storage facilities now operate under the trade name Morningstar Mini-Storage, according to a press statement.
