AVAD Capital Buys 5,180-Unit Self-Storage Portfolio in West Texas

2/4/2025

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REBusinessOnline

• Subcategory: Industrial: Storage

• Tag: Sale

• Additional Filters-Subcategory: Industrial: Self Storage

• Additional Filters-Tags: Sale: Investment, Sale: Portfolio

• Company: Extra Space Storage (NYSE: EXR), Jones Lang LaSalle (NYSE: JLL)

Dallas-based investment firm AVAD Capital has purchased a portfolio of nine self-storage facilities totaling 5,180 units in the West Texas cities of Midland and Odessa. Utah-based REIT Extra Space Storage sold the portfolio, which totals 782,998 net rentable square feet.