Wednesday, August 8, 2012

HFF closes sale of four-property storage portfolio in Houston area



HOUSTON, TX – HFF announced today that it has closed the sale of a four-property storage portfolio totaling 235,793 square feet in the Houston area.

HFF marketed the offering exclusively on behalf of the seller, a joint venture comprised of Private Mini Storage and Clarion Partners.  CubeSmart purchased the properties for an undisclosed amount free and clear of debt.

The HFF team representing the seller was led by senior managing director Aaron Swerdlin (top right photo) managing director Doug McCarron and director Barbara Guffey.

For a complete copy of the company’s new release and list of properties, please contact:
                          
AARON A. SWERDLIN                                 
HFF Senior Managing Director                   
(713) 852-3500                                           
aswerdlin@hfflp.com                                      

OLIVIA N. HENNESSEY
HFF Associate, Marketing
(713) 852-3500                                                      


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