Flatirons Asset Management acquired a 33-asset portfolio from Red Dot Storage. These facilities include a total of 9,125 storage units, encompassing more than 1.3 million rentable square feet.
The self-storage properties, located in Alabama, Iowa, Illinois, Indiana, Missouri, Mississippi, Tennessee, and Wisconsin, will continue to operate under the Red Dot Storage brand. The portfolio was 90% leased as of August 31.
Red Dot Storage provide safe and simple storage solutions to customers spanning more than 190 locations and 19 states with a focus on delivering an exceptional customer experience.
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