The company is relocating from a previous Philadelphia CBD location on Callowhill Street. The Oregon Avenue site is adjacent I-95, giving Devon more immediate access to the Center City market.
Patrick J. Green, senior managing director of the local office of New York-based Insignia/ESG, represented the owner, locally based Oregon Avenue Associates, in the sale.
Devon is among the largest US-based self-storage companies. It operates self-storage facilities in 15 states, primarily in the East from New England through Florida, and in the Netherlands, France and Germany.
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