DSCA was represented in the transaction by Richard Van Houten,Jr., vice president in Trammell Crow Co.'s Chatham, NJ office.According to Van Houten, "by focusing on key demographic pockets,we aligned their requirement with the need for visibility and ahigh-traffic corridor. Beyond that, the neighborhood is undergoingsignificant retail redevelopment, which validates the buyer'scommitment to a successful self-storage operation."

DSCA plans to significantly upgrade the building with newexterior surfacing, climate-controlled environment and new securitysystems. When the asset is fully converted to a self-storageoperation, it's expected to have more than 500 units in a varietyof sizes.

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