JLL Brokers Sale of Spencer Mini Storage in La Porte, Texas

Reuters
01/08
JLL Brokers Sale of Spencer Mini Storage in La Porte, Texas

JLL Capital Markets has announced the sale of Spencer Mini Storage, a 55,775-square-foot self-storage facility located in La Porte, Texas. The property, consisting of 11 single-story buildings with 511 units—37% of which are climate controlled—and 79 boat or RV parking spaces, was sold by ExchangeRight to a partnership between MyPlace Self Storage and Nuveen. The JLL Capital Markets Investment Sales and Advisory team represented the seller in the transaction. Spencer Mini Storage is situated on a 4.37-acre site along Spencer Highway in a densely populated suburb of Houston.

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