San Diego, CA — Strat Property Management (Strat), a San Diego-based self storage operator is pleased to announce the hiring of Travis Morrow as President of their Self Storage Division effective August 1, 2017.

“This is a very unique opportunity for me and I am looking forward to joining two first class self storage operations,” Morrow said. “I’m excited to become a part of the Strat team.”

Mr. Morrow comes to Strat after 14 years with Arizona based National Self Storage (National) where he also served as the company’s President. National’s portfolio will continue under Mr. Morrow’s supervision through a sub-management agreement between Strat and National.

“Travis has an extensive self storage background and is truly a visionary in the industry,” said Don Clauson, Strat Property Management CEO. “He envisions and shares the same concepts of our core culture. He is involved to an impressive degree in both the National Self Storage Association and the Arizona Self Storage Association. We are fortunate to bring in someone who can take our already great operations to the next level.”

The number of properties under operation by Strat will total 66 by the end of 2017.

Strat Property Management Inc. owns or operates 54 facilities in California and Texas.  For more information visit www.StratProp.com.

National Self Storage owns or operates 11 self storage facilities in Arizona including 3 in metro Tucson, California, New Mexico, Texas, and Utah. For more information visit www.NationalSelfStorage.com.

Houghton Corridor Self Storage (dba National Self Storage) located at 7555 S. Houghton Road in Tucson sold for $2.67 million ($4,619 per unit).

The property, built in 2006, consists of 65,300-net-rentable-square-feet of storage space divided into 578 individual units, 185 of which are climate controlled and an additional 62 air-conditioned. The property was about 70% occupied at closing. The seller, Houghton Corridor Self Storage (Barry Kitay and Lynn Taylor, partners) is an affiliate of Whirlygig Properties, a commercial development company in Tucson and the buyer was an individual investor from Scottsdale.

Bill Alter and Denise Nunez of Rein & Grossoehme represented both parties in the transaction which represents the Alter / Nunez Team’s 134th successful closing of this property type.

To learn more contact Alter at 602-315-0771 or Bill@RGcre.com. You may also visit www.AZSelfStorageBroker.com.

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In another transaction, Titan Self Storage (dba National Self Storage) located at 1640 W. Duval Commerce Point Place in Green Valley sold for $1.875 million ($6,107 per unit).

The property, built in 2006, consists of 43,000-net-rentable-square-feet of storage space divided into 307 individual storage units including 67 climate controlled units and 27 RV parking spaces. The property has security cameras throughout the facility with 15 camera stations. The property was about 70% occupied at closing.

The seller, Titan Self Storage, LLC (Robert Schoff, manager) is also a licensed real estate broker and represented the seller in the transaction. The buyer is an individual from Sherwood, Oregon.

To learn more Schoff can be reached at 520-577-9777.

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[mepr-show rules=”58038″]Sale date for Houghton Corridor Self Storage: 9/10/2014. All cash deal.

Sale date for Green Valley Self Storage: 8/28/2014. All cash deal.[/mepr-show]