AUSTIN--Virtus Real Estate Capital, a realestate private equity firm based in Austin, has acquiredPro Storage, an Oklahoma City self-storagefacility.
"The acquisition marks another significant milestone in ourrecent efforts to add to our Oklahoma self-storage portfolio,” saidScott Humphreys, Virtus' acquisitions director, ina press release.
Built in 2005, Pro Storage is a 65,475-square-foot Class Afacility comprising 516 units. Currently 94 percent occupied, thesite is located close to The University of Oklahoma campus.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.