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Self-Storage Company Sells Majority Stake Amid Industry Consolidation

Inland Real Estate Group of Companies Buys Majority Stake in Devon Self Storage
Devon Self Storage Holdings’ 202 properties nationwide include this one at 1601 S. Canal St. in Pilsen, southwest of Chicago’s Loop business district. (Gian Lorenzo Ferretti/CoStar)
Devon Self Storage Holdings’ 202 properties nationwide include this one at 1601 S. Canal St. in Pilsen, southwest of Chicago’s Loop business district. (Gian Lorenzo Ferretti/CoStar)
CoStar News
January 9, 2024 | 6:23 P.M.

A Chicago-area real estate investor has bought a majority interest in Devon Self Storage Holdings in the latest example of consolidation within the industry since the onset of COVID-19.

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