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.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
