News

A Greensboro, North Carolina-based apartment investment and management company has purchased a 240-unit multifamily property northwest of Denver. Bell Partners spent $82.5 million to acquire Luna Bella, at 695 S. Lafayette Drive, in Lafayette, records filed in Boulder County show. California-based Buchanan Street Partners was the seller of the property, which it acquired in 2018 for $60.25 million.

Buchanan Street Partners is well on its way to meeting its goal of amassing a $500M portfolio of institutional quality self-storage assets throughout the Western U.S.

OC firm buys Upland site for redevelopment with eye on cost efficiency, inflation hedge One OC developer has decided to deal with current economics by focusing on one asset class: self-storage.

Buchanan Street Partners bought a 2.05-acre property in Upland for $6.25 million and revealed plans to tear down the medical office building at 1382 E. Foothill Blvd. and build a 4-floor, 123,000-square-foot self-storage site.

Buchanan Street Partners, based in Newport Beach, CA, bought a 2.05-acre Inland Empire site at 1382 E. East Foothill Blvd., Upland, CA. Buchanan paid $6.25 million for the property in an off-market buy with a private owner/developer. It was Buchanan’s fifth California self-storage investment in recent years. The planned self-storage facility will have 1,180 units. Construction will begin immediately and the project is scheduled to be completed by January 2026.

UPLAND, CALIF. — Buchanan Street Partners has acquired a 2.1-acre site located at 1382 E. Foothill Blvd. in Upland for $6.2 million from a private owner/developer in an off-market transaction. Buchanan Street Partners plans to redevelop the site, which is located approximately 37 miles east of Los Angeles and is currently occupied by a vacant medical office building, into a Class A self-storage facility.

Buchanan Street Partners has purchased a 2.1-acre property in Upland, Calif. for $6.3 million, in an off-market deal with a private owner. The company intends to transform the site into a self storage facility.

Buchanan Street Partners acquired a 2.05-acre Inland Empire property with plans to redevelop the site into a state-of-the-art self-storage facility. The property is located at 1382 East Foothill Blvd, north of I-10 in Upland.

Buchanan Street Partners, a Newport Beach, CA-based real estate investment management firm, acquired a 2.05-acre Inland Empire property located at 1382 East Foothill Blvd, Upland, CA with plans to redevelop the site into a state-of-the-art self-storage facility.

Robert Brunswick, chairman of Buchanan Street Partners, sees an emerging edge for self-storage facilities as a real estate investment. Self-storage is generally more cost efficient than multifamily or industrial rents on a per square foot basis, so consumers are learning to utilize storage as a replacement to an extra bedroom, closet, attic or garage, he said.