HONOLULU-An affiliate of W.P. Carey & Co. LLC, an investment firm based in New York, has purchased nine self-storage facilities totaling 662,000 square feet in Hawaii, Illinois and California for a total amount of $46 million. The properties were sold by A-American Self Storage.
Two self-storage facilities are located in Hawaii, three in Illinois and four in California. Extra Space Storage will manage the California and Hawaii facilities, while SecurCare Self Storage will manage the Illinois facilities. For the full story, go to Pacific Business News .
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