Suburban Boston Storage Facility Trades for $25 Million

• admsupport
• December 21, 2020

If you needed any more proof that storge is a big-money game, a joint venture between Westport Properties and Heitman Real Estate Investment Management have completed a $25.1 million acquisition of a newly delivered 970-unit self-storage facility (92,500 square feet) in Needham, Massachusetts. SSG Development sold the property. The new owner financed the purchase with a