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California Investment Firm Buys Self-Storage Properties Near Phoenix

Buchanan Street Partners Acquires Facilities Totaling 1,600 Units in Mesa, Cave Creek
An ExtraSpace Storage facility built in 2021 in Cave Creek, Arizona, is one of two self-storage properties  acquired by a California investment firm. (Buchanan Street Partners)
An ExtraSpace Storage facility built in 2021 in Cave Creek, Arizona, is one of two self-storage properties acquired by a California investment firm. (Buchanan Street Partners)
CoStar News
June 29, 2023 | 10:43 P.M.

Real estate investment management firm Buchanan Street Partners paid $41 million to buy its first two self-storage facilities in greater Phoenix, where the strong population growth has supported storage development.

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