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California Firm Makes First Purchase in a Self-Storage Industry Seeing More Demand in Pandemic

Buchanan Street Partners Intends To Spend Up to $500 Million on Storage Properties
The new owner will rebrand the facility that opened last summer as US Storage Centers. (Buchanan Street Partners)
The new owner will rebrand the facility that opened last summer as US Storage Centers. (Buchanan Street Partners)

Real estate investment management firm Buchanan Street Partners bought its first self-storage facility in a plan to assemble a $500 million portfolio in a niche commercial property sector that's thriving during the pandemic.

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