Green Touch Builders | Three self-storage sites trade for nearly $30M
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Three self-storage sites trade for nearly $30M

A partnership involving Metro Self Storage and LaSalle Investment Management bought three suburban self-storage properties for $29.25 million.

The properties totaled 191,000 square feet and they were 89 percent occupied at the time of sale. PFG Capital, a York, Pa., real estate company, was the seller. Metro Self Storage is based in Lake Forest, Ill.

The properties acquired were: Newtown Storage, a 26,568-square foot, two-building complex at 100 Silver Lake Road in Newtown, Pa.; StorageWORKs!,…