{"id":1004205099,"date":"2018-01-30T01:33:10","date_gmt":"2018-01-30T09:33:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004205099"},"modified":"2022-12-08T13:40:34","modified_gmt":"2022-12-08T21:40:34","slug":"public-storage-snags-6-dfw-facilities","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/public-storage-snags-6-dfw-facilities\/","title":{"rendered":"Public Storage Snags 6 DFW Facilities"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004205100\" style=\"width: 378px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/10410-E.-Northwest-Hwy-Dallas.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004205100\" data-attachment-id=\"1004205100\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/public-storage-snags-6-dfw-facilities\/10410-e-northwest-hwy-dallas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/10410-E.-Northwest-Hwy-Dallas.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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;1461855108&quot;,&quot;copyright&quot;:&quot;Fred Lindgren&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;1&quot;}\" data-image-title=\"10410 E. Northwest Hwy Dallas\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;10410 E. Northwest Hwy Dallas&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/10410-E.-Northwest-Hwy-Dallas.jpg?w=800\" class=\"wp-image-1004205100 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/10410-E.-Northwest-Hwy-Dallas.jpg\" alt=\"10410 E. Northwest Hwy Dallas\" width=\"368\" height=\"299\" \/><\/a><p id=\"caption-attachment-1004205100\" class=\"wp-caption-text\">10410 E. Northwest Highway in Dallas<\/p><\/div>\n<p>Working on behalf of a joint venture between Advantage Storage and Harrison Street Real Estate Capital, JLL Capital Markets has arranged the sale of six self-storage\u00a0properties in the Dallas-Fort Worth market. Public Storage acquired the 430,000-square-foot portfolio.<\/p>\n<p>Built between 2001\u00a0and 2017, the Class A facilities\u00a0add up to more than 3,300 units. According to Yardi\u00a0Matrix data, the portfolio includes the properties located at:<\/p>\n<ul>\n<li>10410 E. Northwest Highway in Dallas<\/li>\n<li>1241 Prosper Commons Blvd. in Prosper<\/li>\n<li>4028 N. Highway 78 in Wylie<\/li>\n<li>4028 N. State Highway 205 in Rockwall<\/li>\n<li>660 Justin Road in Rockwall<\/li>\n<li>855 Lois St. in Roanoke<\/li>\n<\/ul>\n<p>All self-storage assets are located near major roads, such as interstates 35 West and 635 or the Dallas North Tollway. The Dallas-Fort Worth market is densely populated and the average annual household income\u00a0within a three-mile radius of each property is approximately\u00a0$105,000, according to JLL. Characteristics of the facilities include climate-controlled units, drive-up units, 24-hour video surveillance and secure fencing with electronic access control.<\/p>\n<p>JLL Managing Directors Steve\u00a0Mellon and Brian Somoza led the team that closed the deal.\u00a0<\/p>\n<p>Last December, Public Storage opened a <a href=\"https:\/\/www.commercialsearch.com\/news\/public-storage-opens-new-houston-area-facility\/\">Houston-area facility<\/a>, comprising 1,200 units.\u00a0<\/p>\n<p><em>Image courtesy of JLL<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A partnership between Advantage Storage and Harrison Street Real Estate Capital sold the portfolio. JLL Capital Markets negotiated the sale on behalf of the joint venture.<\/p>\n","protected":false},"author":871,"featured_media":1004205100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21743,21783,21742],"tags":[38954,36591,32796,34017,38400],"class_list":["post-1004205099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-deals","category-investment","category-latest","tag-brian-somoza","tag-harrison-street-real-estate-capital","tag-jll","tag-public-storage","tag-steve-mellon"],"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>Public Storage Snags 6 DFW Facilities - 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\/public-storage-snags-6-dfw-facilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public Storage Snags 6 DFW Facilities\" \/>\n<meta property=\"og:description\" content=\"A partnership between Advantage Storage and Harrison Street Real Estate Capital sold the portfolio. JLL Capital Markets negotiated the sale on behalf of the joint venture.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/public-storage-snags-6-dfw-facilities\/\" \/>\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=\"2018-01-30T09:33:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T21:40:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/10410-E.-Northwest-Hwy-Dallas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"Public Storage Snags 6 DFW Facilities\",\"datePublished\":\"2018-01-30T09:33:10+00:00\",\"dateModified\":\"2022-12-08T21:40:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/\"},\"wordCount\":201,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/10410-E.-Northwest-Hwy-Dallas.jpg\",\"keywords\":[\"Brian Somoza\",\"Harrison Street Real Estate Capital\",\"JLL\",\"Public Storage\",\"Steve Mellon\"],\"articleSection\":[\"Dallas\",\"Deals\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/\",\"name\":\"Public Storage Snags 6 DFW Facilities - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/10410-E.-Northwest-Hwy-Dallas.jpg\",\"datePublished\":\"2018-01-30T09:33:10+00:00\",\"dateModified\":\"2022-12-08T21:40:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/public-storage-snags-6-dfw-facilities\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/10410-E.-Northwest-Hwy-Dallas.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/10410-E.-Northwest-Hwy-Dallas.jpg\",\"width\":800,\"height\":620,\"caption\":\"10410 E. 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