StorQuest Portfolio I 

PROPERTY TYPE

Self-Storage

PROPERTY SIZE

10 buildings, 9,500 units

PROPERTY OVERVIEW

Acquired in 2018 in joint venture with a strong operating partner, this ten building self-storage portfolio located in Phoenix, Denver, San Diego, Los Angeles, and Jersey City totals nearly 9,500 units across 785,000 square feet. This transaction marked ASB’s first investment in self-storage, an asset class that provides income-durability, credit diversification and NOI growth potential.

The StorQuest portfolio has attractive aesthetics, temperature controlled units, improved lighting, security, enhanced amenities/services, and 24-hour online account access.