Nova Storage Acquires Self-Storage Facility in Adelanto, CA
ADELANTO, Calif., May 16, 2022 (Newswire.com) - Nova Storage announces the acquisition of Ballpark Self-Storage in Adelanto, CA.
Located at 16488 Adelanto Rd, Adelanto, CA, the property has 55,000 square feet of rentable space in 370 drive-up units. This acquisition brings Nova to ten locations and 850,000 rentable square feet in its portfolio of self-storage properties across Los Angeles, Ventura and San Bernardino Counites.
Nova appreciates the hard work of the Seller and Keith Phillips at Marcus and Millichap to complete the transaction seamlessly and on schedule.
Nova Storage President, Andrew Rankin, notes, "This transaction continues Nova's steady growth. Nova will grow almost 30% this year from this acquisition and ongoing developments in South Gate, Palmdale and Fillmore. Nova has found its focus on hands on management resonates with Sellers who remain vested in the future of the assets they built."
Nova Storage Adelanto is open for business, and customers can reserve their own secure space by visiting NovaStorage.com or calling (760) 246-6648.
About Nova Storage
Headquartered in Mission Hills, California, Nova Storage offers Safe, Clean, Well-Lit and Secure self-storage to over 7,000 tenants. Founded in 1982, Nova is locally owned and operated, with ten locations across Los Angeles, San Bernardino and Ventura Counties.
Source: Nova Storage