Newport Beach-based Buchanan Street Partners has bought a new, three-story self-storage facility in Chino Hills for $24.5 million from an unidentified developer. The 95,500-square-foot facility has 920 self-storage units. The sale marked the third California self-storage facility Buchanan has bought in the last 12 months.

Buchanan Street Partners has acquired a new, 95.5k sf three-story, climate-controlled self-storage facility in Chino Hills for $24.5 mil in an off-market transaction. The facility, located at 15443 Fairfield Ranch Rd, is comprised of 920 self-storage units.