Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired The Storage Place in Texarkana, Ark. The 2.5-acre property at 5204 Links Drive comprises 40,275 square feet of storage space in 209 units as well as covered vehicle parking. Built in 2005, it also includes a studio apartment for the facility manager.
Located just east of the Arkansas/Texas state line, the property fronts Interstate 30. It’s also near the entrance to The Links at Texarkana, an apartment community.
The seller was represented in the transaction by Larry Goldman, an investment property specialist for RE/MAX Commercial, who’s also the Argus Self Storage Sales Network broker affiliate for Arkansas, Kansas, Missouri, South Illinois.
Established in 1945, U-Haul has more than 44 million square feet of storage space at its owned facilities throughout North America.
Argus is a Denver-based network of real estate brokers who specialize in storage properties. Formed in 1994, the company has 36 broker affiliates covering nearly 40 markets.
Sources:
- LoopNet: The Storage Place
