Intercontinental Real Estate Corporation is breaking into a new market sector. The Boston-based real estate investment firm, in a joint venture with Marina del Rey-based LaTerra Development, acquired EZ Access Self Storage in Santa Clarita, Multi-Housing News reported. The 784-unit facility at 23715 Carl Court sold from a private seller in a $27 million off-market deal. The transaction marks Intercontinental’s first foray into the self-storage sector. The property consists of nine single-story buildings and a separate office and residential unit for on-site management, in total spanning 100,000 square feet on a 4.2-acre site. The facility was completed in 1999 and […]
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