AUSTIN—World Class Capital Group (WCCG) is continuing to eye the self-storage market.

The Austin-based firm has acquired two self-storage portfolios this week -- one in New York and one in Illinois.

“This is the first of many acquisitions to come in New York,” Sheena Paul, chief operating officer of WCCG, told GlobeSt.com.

WCCG acquired the two-property Ace Storage portfolio in upstate New York from Prime Equities. The portfolio includes one facility in Hyde Park and one in Newburgh, and WCCG plans to expand the facilities to add additional units. The properties will be rebranded and managed by Great Value Storage, the firm's wholly owned storage management platform.

In a separate transaction, World Class Capital Group acquired the AAA Storage portfolio which consists of two properties in Urbana and Champaign, Ill. The properties will also be rebranded and managed by Great Value Storage.

Great Value Storage's portfolio now totals 50 facilities nationwide, with more than 25,000 self-storage units and more than 3.4 million square feet of storage space, and WCCG is continuing to expand its footprint with the niche.

“World Class has other storage portfolio acquisitions in the pipeline,” says Paul. “[We plan] to acquire 50-75 facilities in 2015.”

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