Devon Self Storage Portfolio Grows to More than 170 Properties
Nicole Spreck
Inland Communications
(630) 218-8000Ext. 4896
[email protected]
Oak Brook, IL 鈥� Devon Self Storage (鈥淒evon鈥�), a member of 乐竞体育APP Inland Real Estate Group of Companies, Inc. (鈥淚nland鈥�), announced today it has assumed the property management contracts for 19 self-storage properties in Arizona (5), Florida (1), Georgia (2), Kentucky (2), Tennessee (2), Texas (5), Oregon (1), and Washington (1), totaling approximately one million square feet. 乐竞体育APP facilities will be integrated onto the Devon platform, including being added to where customers can address their storage needs.
鈥淪ince the beginning of the year, we鈥檝e added 62 properties to Devon鈥檚 owned and managed self-storage portfolio,鈥� commented Ken Nitzberg, Co-CEO of Devon. 鈥淭his immense amount of growth is a testament to the synergies resulting from the Inland acquisition of Devon and we look forward to continuing the expansion of our national footprint.鈥�
乐竞体育APP average occupancy of the 19 new facilities is approximately 76 percent, bringing the total units owned and managed across the portfolio to more than 95,000.
Devon currently manages 171 properties for approximately a dozen property owners across the nation.
###
About Devon Self Storage
Devon Self Storage, one of the largest privately owned national self-storage developers and operators, manages over 171 properties. Founded in 1988 by Ken Nitzberg, and now a member of 乐竞体育APP Inland Real Estate Group of Companies, Inc., Devon has established itself as a leader in the self-storage industry having owned, managed, or developed more than 350 self-storage facilities in 27 states and three European countries. Inland and Devon are headquartered in Oak Brook, Illinois.
For more information on Devon Self Storage, please visit .
For more information on 乐竞体育APP Inland Real Estate Group of Companies, Inc., please visit .