{"id":1004154875,"date":"2016-10-10T01:46:49","date_gmt":"2016-10-10T09:46:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154875"},"modified":"2020-04-28T21:58:52","modified_gmt":"2020-04-29T05:58:52","slug":"strategic-storage-trust-ii-buys-third-las-vegas-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/strategic-storage-trust-ii-buys-third-las-vegas-facility\/","title":{"rendered":"Strategic Storage Trust II Buys Third Las Vegas Facility"},"content":{"rendered":"<p><em>By Adriana Pop<\/em><\/p>\n<p><strong>Las Vegas<\/strong>\u2014<a href=\"https:\/\/www.strategicreit.com\/home-page\" target=\"_blank\" rel=\"nofollow\">Strategic Storage Trust II<\/a>, which is sponsored by <a href=\"https:\/\/www.strategicreit.com\/\" target=\"_blank\" rel=\"nofollow\">SmartStop Asset Management LLC<\/a>, has acquired a <a href=\"https:\/\/www.commercialsearch.com\/news\/self-storage\/\" target=\"_blank\">self-storage facility<\/a> at 6318 W. Sahara Ave. in Las Vegas.<\/p>\n<div id=\"attachment_1004154877\" style=\"width: 290px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004154877\" data-attachment-id=\"1004154877\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/strategic-storage-trust-ii-buys-third-las-vegas-facility\/sst-ii-central-self-storage-vegas-photo\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg\" data-orig-size=\"902,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"SST II Central Self Storage Vegas photo\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;6318 West Sahara Ave. in Las Vegas&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg?w=902\" class=\"wp-image-1004154877\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg\" alt=\"6318 West Sahara Ave. Las Vegas\" width=\"280\" height=\"186\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg 902w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SST-II-Central-Self-Storage-Vegas-photo.jpg?resize=768,511 768w\" sizes=\"auto, (max-width: 280px) 100vw, 280px\" \/><\/a><p id=\"caption-attachment-1004154877\" class=\"wp-caption-text\">6318 West Sahara Ave. in Las Vegas<\/p><\/div>\n<p>The property encompasses 640 units across approximately 82,200 rentable square feet. Its former owner was <a href=\"https:\/\/www.pegasusgroup.net\/index_content.html\" target=\"_blank\" rel=\"nofollow\">Pegasus Group<\/a>, according to <a href=\"https:\/\/matrix.pi-ei.com\/home\" target=\"_blank\" rel=\"nofollow\">Yardi Matrix<\/a>.<\/p>\n<p>&#8220;Our current portfolio now includes a total of three Las Vegas facilities,&#8221; Michael Schwartz, chairman &amp; CEO of SST II, said in prepared remarks. &#8220;This prime 93 percent occupied facility is located on the highly trafficked Sahara Boulevard with excellent signage.&#8221;<\/p>\n<p>The nine-building facility was built in 1989 and lies\u00a0on approximately 4 acres. The property offers climate-controlled and drive-up units.<\/p>\n<p>&#8220;We are looking forward to improving this facility&#8217;s performance, while offering top customer service,&#8221; added Wayne Johnson, CIO for SST II.<\/p>\n<p>Earlier in September, SST II announced the acquisition of another Las Vegas <a href=\"https:\/\/www.commercialsearch.com\/news\/strategic-storage-trust-ii-expands-in-las-vegas\/\" target=\"_blank\">self-storage facility at 9890 Pollock Drive<\/a>. The property consists of 810 units across approximately 101,400 rentable square feet.<\/p>\n<p><em>Image courtesy of Strategic Storage Trust II<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property at 6318 W. Sahara Ave. consists of 640 units across approximately 82,200 rentable square feet. <\/p>\n","protected":false},"author":260,"featured_media":1004154877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1593,21742,15],"tags":[],"class_list":["post-1004154875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-las-vegas","category-latest","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Strategic Storage Trust II Buys Third Las Vegas Facility - 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\/strategic-storage-trust-ii-buys-third-las-vegas-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategic Storage Trust II Buys Third Las Vegas Facility\" \/>\n<meta property=\"og:description\" content=\"The property at 6318 W. 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