Pinnacle Storage Properties Announces Acquisition of Storage House of Texas
Pinnacle Storage Properties is proud to announce the acquisition of its 10th self storage property and first location in the Dallas, TX market.
Houston, TX – May 31, 2018 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of Storage House of Texas located at 3402 Bobtown Road in Garland, Texas. The acquisition of Storage House of Texas is Pinnacle Storage Properties 10th self storage acquisition and first venture into the Dallas market.
This acquisition also marks the first property to be rebranded under Pinnacle Storage Properties new DBA Storage Plus. Storage Plus of Garland offers over 55,000 rentable square feet. This facility offers excellent space options, state-of-the art security, climate-controlled storage, and easy access for customers.
Storage Plus of Garland is situated in Garland, TX, a city located north of Dallas, a part of the Dallas-Fort Worth metroplex, with easy on- and off- freeway access. While it is located almost entirely within Dallas County, a small portion is located in the affluent Collin and Rockwall Counties. Garland is second only to the City of Dallas in Dallas County by population and provides easy access to downtown Dallas via public transportation. Garland offers world class amenities, first-rate educational centers, commerce, and cultural resources, while maintaining its origins as a safe, neighborly community.
“We are excited to add Storage Plus of Garland to Pinnacle Storage’s portfolio. Storage Plus of Garland, as with all of our facilities, will offer our customers an unparalleled level of service during every phase of their storage experience. We will continue to be extremely aggressive in acquiring self-storage properties and look forward to further development in the Dallas area,” stated John Manes, Pinnacle Storage Properties CEO.
Robby Dunn, Pinnacle Storage Property’s Chief Investment Officer, adds, “Our newest acquisition is located in the heart of the continuously growing Dallas metroplex. With the opportunity to potentially expand operations at this location and to increase our footprint in the Dallas area, I am confident that Storage Plus of Garland is another great addition to our portfolio.”
Pinnacle Storage Properties is a privately held, national real estate owner-operator focused on the acquisition, development, and management of self- storage assets. Their investment strategy is to purchase under-managed, under-enhanced, and under-developed assets in suburban and secondary markets. They take a grassroots, off-market approach in selecting the best deals that deliver stable cash flow and long-term appreciation opportunities. With nearly 25 years of combined self-storage experience, they have established an industry wide reputation for superior performance derived from core values; honesty, integrity, and respect. For more information on Pinnacle Storage Properties, see http://pinnaclestorageproperties.com/