EXCLUSIVE — Harrison Street snaps up 10 class A self-storage assets

Harrison Street has acquired a portfolio of 10 class A self-storage properties consisting of 9,031 units spread across five U.S. states.

Located in Washington, Oregon, California, Colorado and New York, the 872,340-square-foot portfolio is less than four years old and features climate-controlled units, drive-up units and drive-through interior-access units.

The portfolio will be managed by Harrison Street’s existing self-storage partners: Reliant Real Estate Management, Trojan Storage and LifeStorage.

“Self-storage is at the core of Harrison Street’s demographically driven investment strategy, as demand for storage does not necessarily correlate with the economic environment and is typically driven by life changes,” said Michael Gordon, CIO of Harrison Street. “We are pleased to further our deep relationships with leading self-storage operators Reliant, Trojan and LifeStorage to support a portfolio of modern self-storage facilities located in densely p