Public Storage buys nine Palm Beach self-storage facilities for $142M
Public Storage paid $141.7 million to buy nine self-storage facilities in Palm Beach County. The Glendale, Calif.-based REIT (NYSE: PSA) picked up 872,314 square feet of space in the deals through its affiliate PS Florida One. Eight of the sellers were affiliates of Palm Beach Gardens-based Southern Self Storage, which is managed by Robert A.…
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