Devon Self Storage Acquires New Facility

Devon Self Storage, based in Emeryville, CA, announced today it closed on the acquisition of Camp Bowie Self Storage.  The 61,730 square foot self storage facility is located at 6471 Camp Bowie Boulevard in Ft. Worth, Texas.  The facility has 545 units of which 310 are climate controlled units.  Devon plans to expand the facility to a total of 73,710 net rentable square feet.  The site is located in a rapidly growing suburb of Ft. Worth with 84,374 people residing within a three-mile radius with an average household income of in excess of $65,000.

 

      Devon is a national operator of self storage facilities for institutional investors and high net worth family offices as well as providing third-party self storage management for owners that are seeking professional self storage management.  The company operates 46 stores in 16 states today totaling in excess of 3,300,000 net rentable square feet and more than 21,750 tenants.

 

      For further information please contact Kenneth E. Nitzberg, Chairman & CEO at knitzberg@devonselfstorage.com or 510-450-9204

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