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HFF Closes Three-Property Self-Storage Deal in Philadephia

PHILADELPHIA, PA—HFF arranged a $29.25 million sale involving a three-property self-storage portfolio with 191,000 rentable square feet in suburban Philadelphia, working out to about $153 per rentable square foot.

By Steve Lubetkin | Updated on April 20, 2015

PHILADELPHIA, PA—HFF arranged a $29.25 million sale involving a three-property self-storage portfolio with 191,000 rentable square feet in suburban Philadelphia

HFF marketed the portfolio on behalf of the seller, PFG Capital, LP.  A partnership between Metro Self Storage and LaSalle Investment Management purchased the assets for $153 per rentable square foot. 

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