GRAND JUNCTION, CO.—DXD Capital, a self storage private equity investor has announced that it has acquired a 7-facility self storage portfolio, totaling 923 units in Grand Junction, CO.
 |
| Drew Dolan |
The
seven facilities total 135,588 net rentable square feet (NRSF) and were
acquired through DXD Self Storage Fund II, which launched in 2022, and has
invested in seven self storage projects across the United States to date.
This fund
invests in both ground-up development of Class A, multistory,
climate-controlled self-storage facilities, and value-added acquisitions. DXD
Capital, through its Fund II vehicle, will deploy approximately $200 million of
equity into self storage through 2025.
 |
| Adam Schlosser |
"With
offices nearby in Denver and Albuquerque, this investment is in our backyard.
Controlling 25% of the self storage market is a real advantage. With this
market share, we can really affect a market in a way that's best for our
investment.”
DXD has hired StoragePro, a top-ten storage operator, to third-party manage the seven facilities.
There are several capital improvements planned, including increased
security measures and ADA paving projects at some facilities. The properties
will continue to operate under the Hill and Home Storage brand.
 |
| Thomas Parsons |
DXD
Capital
DXD Capital, founded
in September 2020, is a data-driven real estate private equity company, focused
solely on the self storage sector. DXD utilizes unprecedented access to data
and proprietary tools to source best-in-class investments for its investors..
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
Member of the National Association of Real
Estate Editors (NAREE)
“PR Strategist for the Commercial Real
Estate Industry: I do what I love and love what I do.”
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