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Extra Space Inc purchased a Tampa, Florida Facility
The facility comprises 83,270 square feet in 713 units and 27 vehicle-parking spaces

September 7, 2020: Extra Space Inc., a self-storage real estate investment trust (REIT) and Management Company, purchased a Tampa, Fla., facility it was managing from the owners, a joint venture between Blue Vista Capital Management and Flagship Cos. Group. The partnership purchased the 6-acre parcel at 1517 E. Fowler Ave. for $1.1 million in 2016 from Hide-Away Storage. 

The facility contains four buildings comprising 83,270 square feet in 713 units and 27 vehicle-parking spaces. The seller was represented in the transaction by Charles “Chico” LeClaire, executive managing director of investments, and Adam Schlosser, senior vice president of investments, for The LeClaire-Schlosser Group, a division of M&M.

Extra Space is a publicly traded self-storage real estate investment trust (REIT) and third-party management firm headquartered in Salt Lake City. The REIT owns or operates more than 1,817 self-storage properties nationwide and in Puerto Rico. It has a portfolio of more than 1.3 million units and 140 million square feet of rentable space.


Source: https://www.insideselfstorage.com/acquisitionsbuying/self-storage-real-estate-acquisitions-and-sales-september-2020