An affiliate of Emeryville, Calif.-based Devon Self-Storage called Devon-Memphis LLC has bought a self-storage facility site at 3417 Fontaine Road in Whitehaven’s 38116 for $1.2 million. The sellers were William C. Bateman Jr., Marjorie Bateman Gore, Robert J. Bateman and Virginia Bateman Hess. The property has been renamed Devon Self Storage-Memphis. Built in 1972, the Class D facility has 164,610 square feet of storage space in multiple buildings. The site is on 7.4 acres on the west side of Fontaine Road north of Winchester Road in Hill & Fontaine Co.’s Brooks Avenue subdivision. The Shelby County Assessor of Property’s 2011 appraisal was $1.7 million. Devon Self Storage was founded in 1998 and is one of the top 15 self-storage operators in the U.S., according to the company’s website. It owns facilities in 11 states. Its other Tennessee location is in the Nashville area. (via Daily News)]]>
Self-Storage in Whitehaven Sells to Calif. Co. for $1.2M
More Content
Popular Posts
Recent Posts
The massive amounts of capital that poured...
W hen the economy wavers, even seasoned...
Key Highlights:
- The first quarter of 2025...
It's been 13 days since catastrophic...
As the storage game keeps evolving and more...
Floods in Texas. Fires in California....
Recent statistics show that more than 29...
Third-party management companies have...
