Rosewood Property Company recently acquired three self-storage facilities in Vista, Tempe, and Las Vegas. These acquisitions bring the company's total to 82 self-storage facilities, 6.4 million square fee across 25 states.
The Las Vegas property is located at 3755 N. Las Vegas Blvd., next to Smith's grocery store, and includes 37,000 square feet. CubeSmart will serve as the property management company for this facility.
Rosewood Property Company, a wholly subsidiary of The Rosewood Corporation, has been acquiring self-storage assets in 2012. Rosewood Property Company and its affiliates have an extensive portfolio, including office, multifamily, industrial, self-storage, and land assets.
“We are excited to grow our presence in the Southwest with this acquisition of three stabilized facilities,” said Brandon Cooke, Vice President of Acquisitions, Rosewood Property Company. “We continue to look for attractive opportunities to enhance our portfolio despite the challenging macro environment.”
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