Pinnacle Storage Properties Proudly Announces The Acquisition Of Storage Plus Of Beaumont
Houston, TX – February 10, 2022 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of another Texas self-storage property, Storage Plus of Beaumont. This represents the 28th addition to date.
Storage Plus of Beaumont, formerly Condon’s Mini Storage, is located at 7995 College St, Beaumont, TX 77707 and contains 26,000 net rentable square feet. Currently, there are a total of 225 units, all non-climate, with future plans to upgrade to climate-controlled storage.
Beaumont, known for its thriving oil industry, is located on the Texas Gulf Coast and home to Lamar University, a Carnegie Doctoral Research University. Storage Plus of Beaumont will offer the same exceptional customer service, reliability, and security that are the hallmarks of all Pinnacle Storage Properties’ locations.
“We’ve already begun renovations to update this Class C property to a Class A facility that will serve the people of Beaumont,” states John Manes, Pinnacle Storage Properties Partner and CEO. “We look forward to building relationships while we work with potential customers, employees, and other small businesses in the area.”
Robby Dunn, Pinnacle’s Chief Financial Officer adds, “Storage Plus of Beaumont is a desirable addition to our portfolio as it strengthens our brand in the Gulf Coast region. As always, we will continue to pursue self-storage acquisitions across the country.”
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 about Pinnacle Storage Properties, visit https://www.pinnaclestorageproperties.com/
Pinnacle Storage Properties
Tel: (979) 922-9229