November 3, 2023

Buchanan Street Partners LP, a Newport Beach, California-based real estate investment and management firm, acquired Quartz Drive Self Storage in Auburn, California, for $20.75 million. Built in 2009 on 9.2 acres, the facility at 12200 Rock Creek Road comprises 116,500 square feet in 825 units and 40 vehicle-storage spaces. The property will be managed by Westport Properties Inc., a privately held real estate investment company that operates the US Storage Centers brand.

Newport Beach-based Buchanan Street Partners recently bought a self-storage facility in Auburn for $21 million. The 116,500-square-foot facility includes 825 self-storage units and 40 RV parking spaces. The purchase marked the fourth self-storage property Buchanan has bought in California in recent years.