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CA High Desert Self-Storage Sold for $2.85M

Private Investors Added 400-unit Warehouse in Adelanto to Portfolio
By Brian Barga
March 14, 2006 | 3:05 P.M.

John and Rita M. Diponio purchased the High Desert Storage property at 11455 Bartlett Ave. in Adelanto for $2.85 million, or about $7,125 per unit. The building sold with a cap rate of 6%.

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