MESA, ARIZ., Sept. 28, 2022, Teakwood Real Estate Partners has acquired a 292-unit self storage facility located at 462 S. Gilbert Road in Mesa, Arizona. Westport Properties will oversee management and operation of the property under the US Storage Centers brand.
“This well-located project marks our first storage acquisition, and we are actively looking for others. We will implement an expert/calculated management company in Westport Properties and complete certain capital improvements in order to improve the performance of the site,” said Andrew Kurzeka, Principal with Teakwood. “We are excited to partner with Westport Properties and bring their best-in-class service to the Mesa market.”
Ideally located in Mesa near the intersection of South Gilbert Road and East Broadway, this facility features single-story drive-up units, electronic gated access and 24-hour video surveillance.
“Management and operations are key to the success of a self storage facility especially during this turbulent and evolving economy,” said Charles Byerly, CEO of Westport Properties. “Westport Properties continues to build on this track record of providing years of superior third party property management.”
Teakwood Real Estate Partners represented itself in the acquisition.