Public Storage buys self-storage facility in Louisville

Cushman & Wakefield has completed the sale of Fort Locks Self Storage in Louisville, Ken.

The seller was a private individual based in Louisville and the buyer was Glendale, Calif-based Public Storage.

Located at 7650 Dixie Highway, the project contains 51,900 rentable square feet of storage area demised into 310 units. 

 “Fort Locks Self Storage is a high-quality, well-built asset located in a strong trade area in Louisville,” said Greg Wells, managing director of Cushman & Wakefield’s self-storage advisory group. “This acquisition is part of the buyer’s strategy to continue to grow their presence and platform in the greater Louisville market.”