{"id":1004145008,"date":"2016-05-30T00:14:31","date_gmt":"2016-05-30T08:14:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004145008"},"modified":"2020-05-12T01:03:19","modified_gmt":"2020-05-12T09:03:19","slug":"extra-space-storage-buys-honolulu-property-for-29m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/","title":{"rendered":"Extra Space Storage Buys Honolulu Property for $29M"},"content":{"rendered":"

By Adriana Pop<\/em><\/p>\n

Honolulu<\/strong>\u2013Extra Space Storage<\/a>, a publicly traded self-storage REIT, has expanded its Hawaii holdings with the purchase of Diamond Head Self Storage in Honolulu<\/a>. The company paid $29 million to acquire the 119,000-square-foot property at 633 Ahua St. near the airport, the \u201cPacific Business News<\/a>\u201d reported.<\/p>\n

\"Diamond<\/a>

Diamond Head Self Storage in Honolulu<\/p><\/div>\n

Extra Space now owns 12 self-storage facilities<\/a> in Hawaii. Earlier in 2013, the company purchased two properties on Oahu, one located on Kalakaua Avenue in Honolulu and another on California Avenue in Wahiawa, for a total of $30 million. The REIT could be looking to expand further on East Oahu, having recently formed a new a new business called Extra Space Storage of Honolulu Keahole Street LLC in Hawaii Kai.<\/p>\n

Headquartered in Salt Lake City, Extra Space owns or operates 1,371 self-storage properties in 37 states, Washington, D.C. and Puerto Rico. The company\u2019s properties comprise approximately 910,000 units and 103 million square feet of rentable space.<\/p>\n

Image courtesy of RIM Architects<\/em><\/p>\n

<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In a $29 million deal, the Utah-based REIT acquired the Diamond Head Self Storage facility in Honolulu. <\/p>\n","protected":false},"author":260,"featured_media":1004145011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1588,21742,15],"tags":[],"class_list":["post-1004145008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-honolulu","category-latest","category-west"],"acf":[],"yoast_head":"\nExtra Space Storage Buys Honolulu Property for $29M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Extra Space Storage Buys Honolulu Property for $29M\" \/>\n<meta property=\"og:description\" content=\"In a $29 million deal, the Utah-based REIT acquired the Diamond Head Self Storage facility in Honolulu.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-30T08:14:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T09:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Diamond-Head-Self-Storage-in-Honolulu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/\",\"name\":\"Extra Space Storage Buys Honolulu Property for $29M - 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