Buchanan Street Partners has bought a new, three-story self-storage facility in Chino Hills for $24.5 million from an unidentified developer. (Courtesy of Buchanan Street Partners)
This article originally appeared in The Press-Enterprise.
February 28, 2022
Buchanan Street buys storage units in Chino Hills for $24.5M
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.
“We’re thrilled to add this new facility to our storage portfolio. The Chino Hills transaction is an excellent opportunity for us to build presence within a strong market of the rapidly-growing Inland Empire,” said Feerooz Yacoobi, vice president, Buchanan Street Partners.
Buchanan also bought new self-storage facilities in Chula Vista and Vista.