VanWest Partners has bought two self-storage facilities for its newest fund, VanWest Self Storage Fund II, which launched in January.
Rome Hilliard Self Storage is located at 466 Hilliard Rome Road in Columbus, Ohio, marking the firm’s first property in the Columbus metro area. The facility includes 380 storage units totaling 49,760 net rentable square feet in addition to nearly 150 rentable parking spaces for boats or RVs.
Betta Stor-It is located at 2614 Hwy. 98 West in Mary Ester, Fla., in close proximity to several other assets owned by the firm. The center includes 328 storage units totaling 37,500 net rentable square feet and 14 boat and RV parking spaces. The facility is the firm’s fifth acquisition in the Florida panhandle market.
VanWest plans to rebrand both facilities under its ClearHome Self Storage management platform and implement its innovative systems of technology and property management operations to maximize revenue at each property.
