Devon Self Storage, based in Emeryville, CA, announced today it closed on the acquisition of Camp Bowie Self Storage. The 61,730 square foot self storage facility is located at 6471 Camp Bowie Boulevard in Ft. Worth, Texas. The facility has 545 units of which 310 are climate controlled units. Devon plans to expand the facility to a total of 73,710 net rentable square feet. The site is located in a rapidly growing suburb of Ft. Worth with 84,374 people residing within a three-mile radius with an average household income of in excess of $65,000. Devon is a national operator of self storage facilities for institutional investors and high net worth family offices as well as providing third-party self storage management for owners that are seeking professional self storage management. The company operates 46 stores in 16 states today totaling in excess of 3,300,000 net rentable square feet and more than 21,750 tenants. For further information please contact Kenneth E. Nitzberg, Chairman & CEO atknitzberg@devonselfstorage.com or 510-450-9204. 1-5]]>
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
With the approval of both companies’...
There are an estimated 700,000 hotels in the...
Boat and RV storage has morphed and...
In a booming economy, expendable income...
It’s odd that I ever get the “last word,”...
It’s said that necessity is the mother of...
Recent Posts
Being present in today’s world is more...
Branded marketing materials: Some people...
Back in the 1960s, an inventor formulated a...
Is self-storage still a local business?...
Disasters can strike unexpectedly, prompting...
Go to any self-storage event or attend any...
March 15, 2020: It was the day that the...