PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF STORAGE PLUS OF MINERAL WELLS AND STORAGE PLUS OF STEPHENVILLE
Houston, TX – December 2, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas self storage properties, Storage Plus of Mineral Wells and Storage Plus of Stephenville. These properties represent the 23rd and 24th additions to the Pinnacle portfolio.
Storage Plus of Mineral Wells, formerly Security Storage – Mineral Wells, is located at 3101 MH 379, Mineral Wells, Texas, approximately 50 miles west of Fort Worth. The property provides a wide range of unit options; state-of-the-art security; climate-controlled storage; and both covered and uncovered parking for vehicle, boat and RV storage. Storage Plus of Mineral Wells offers a variety of amenities for residential and business clients.
Storage Plus of Stephenville, formerly Security Storage – Stephenville, is located at 1038 Glen Rose Road, Stephenville, Texas, approximately 70 miles southwest of Dallas. In addition to climate-controlled storage, the property boasts state-of-the-art security, U-Haul truck rentals and delivery acceptance. Free wi-fi, and print/copy/scan services are available to residential and business clients.
Both properties will be offering the same unparalleled level of security, affordability, and customer service, that is the hallmark of all Pinnacle Storage Properties locations.
“This is an exciting time for Pinnacle Storage Properties,” states John Manes, Pinnacle Storage Properties Partner and CEO. “Aggressive acquisition and development of storage properties has fueled our continued growth. As leaders in the industry, we are positioned to continue our expansion through our reputation for superior performance.”
Robby Dunn, Pinnacle’s Chief Investment Officer, states, “Storage Plus of Mineral Wells and Storage Plus of Stephenville are desirable additions to our portfolio. The attractive business environment in the Dallas-Fort Worth area provides us with the opportunity to increase our visibility in this region with future property acquisitions. We look forward to continued nationwide acquisition and development of self-storage properties.”
Pinnacle Storage Properties is a privately held, national real estate owner-operator focused on the acquisition, development, and management of self-storage assets. Their investment strategy is to purchase under-managed, under-enhanced, and under-developed assets in suburban and secondary markets. They take a grassroots, off-market approach in selecting the best deals that deliver stable cash flow and long-term appreciation opportunities. With nearly 25 years of combined self-storage experience, they have established an industry-wide reputation for superior performance derived from core values; honesty, integrity, and respect. For more information on Pinnacle Storage Properties, see https://pinnaclestorageproperties.com/