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CBRE Fund Bets on Self-Storage With Nearly $600 Million Deal Through Bankruptcy Court

Bankruptcy Judge Gives Go-Ahead for Some of Nate Paul's Self-Storage Assets
World Class Holdings sold 64 self-storage properties, including this one at 14318 State Highway 249 in Houston, to a CBRE Investment Management fund for $588 million. (CoStar)
World Class Holdings sold 64 self-storage properties, including this one at 14318 State Highway 249 in Houston, to a CBRE Investment Management fund for $588 million. (CoStar)
CoStar News
March 28, 2022 | 10:54 P.M.

A CBRE fund has purchased 64 self-storage properties in 10 states for $588 million in one of the largest private transactions ever in the self-storage sector, which is seeing unprecedented growth during the pandemic.

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