Wasatch operates seven self-storage facilities under various brand names
October 5, 2021: Park 79 Self Storage in Hutto, Texas, sold to Wasatch Storage Partners LLC. The facility built in 2019 on 3.2 acres at 244 Benelli Drive comprises 780 units in two buildings, one of which has two stories. The facility will be managed by REIT CubeSmart and branded under its name. Wasatch Storage Partners is a Utah-based real estate investment firm specializing in self-storage acquisitions and development.
The seller, Park 79 Storage LLC, was represented in the transaction by Steve Mellon and Brian Somoza, managing directors with JLL Capital Markets, a global provider of capital solutions for real estate investors and occupiers.
Wasatch operates seven self-storage facilities in Massachusetts, Minnesota, New York and Utah under various brand names.