Pegasus Group Continues to Grow its Central Self-Storage Portfolio…

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    Pegasus Group, a Walnut Creek, CA based self-storage investment firm operating under its Central Self-Storage brand, announces the acquisition of 8 self-storage facilities in Portland, Oregon and Minneapolis, Minnesota.

    The first property, Central Self-Storage Portland, is a premier, institutional quality, urban self-storage facility located in the Pearl District of Portland. The property contains 68,646 net rentable square feet (62,546 SF self-storage and 6,100 SF ground level business storage space with retail storefronts) demised into 823 units. All of the units offer climate controlled (heated) space.

    Central Self-Storage Bloomington, Central Self-Storage Edina, Central Self-Storage Minneapolis, Central Self-Storage Hutchinson, Central Self-Storage New Hope, Central Self-Storage Lakeville Premier and Central Self-Storage Lakeville Dodd are located in the Minneapolis, Minnesota area. The portfolio totals 442,239 net rentable square feet (412,235 SF self-storage and 30,004 SF commercial space), with 71,496 square feet of future expansion potential. Property features include both non-climate and climate controlled units, a state of the art security system and RV/boat storage.

    Further information on acquisitions or management may be obtained by contacting Phil Jones at jonesp@pegasusgroup.net or 925.930.0810 x115.

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