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

Reuters
Jan 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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