Spencer Mini Storage in La Porte, Texas trades
United States, Jan. 7 -- JLL Capital Markets announced the sale of Spencer Mini Storage, a 55,775-square-foot self-storage facility in La Porte, Texas.JLL represented the seller, ExchangeRight, in the sale of the property to a partnership between MyPlace Self Storage and Nuveen.Spencer Mini Storage consists of 11 single-story buildings built in the late 1990's totaling 511 units, 37% of which are climate controlled. In addition to the storage units, the property also offers 79 boat or RV surface parking spaces.The asset is located at 11220 Spencer Highway in La Porte, a densely populated southeast suburb of Houston. The 4.37-acre site has excellent visibility to more than 17,500 cars per day and benefits from a five-mile trade area housing ...
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