Harrison Street Real Estate Capital, one of the largest real estate investment firms, has completed two recent self-storage portfolio transactions in Nashville and Dallas.
The first transaction was the acquisition of a two-property, 1,243-unit self-storage portfolio with over 150,000 square feet, located in dense retail and commercial submarkets of Nashville. Harrison Street partnered with Westport Properties on the acquisition.
In the second transaction, Harrison sold a portfolio of six storage facilities located near Dallas to Public Storage, the largest owner of self-storage real estate in the world. The portfolio consists of approximately 3,400 units and 445,000 square feet.
“Self-storage has been a core investment area for Harrison Street since we launched in 2005,” said Christopher Merrill, co-founder, president and CEO of Harrison Street. “We continue to identify attractive opportunities in the sector that will generate risk-adjusted returns for o
