Sale of ExtraSpace Self Storage Portfolio (3 Assets, Phoenix)

Phoenix, AZ, United States

The ExtraSpace Self Storage Portfolio in Phoenix comprises three institutional-quality self-storage assets strategically located in high-traffic corridors within the Phoenix metropolitan area. These properties feature a mix of drive-up and climate-controlled units, totaling approximately 165,000 net rentable square feet and over 2,000 units, catering to both residential and commercial storage demand. The portfolio benefits from strong visibility, stabilized occupancy, and proximity to major residential growth zones, reinforcing its competitive positioning in one of the fastest-growing U.S. markets. Recently acquired by Andover Properties (Storage King USA), the assets are now under professional management and poised for operational synergies and continued market outperformance.