The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Value-Add Lake Charles, LA Self Storage Portfolio.

This offering presents an incredibly rare opportunity to acquire three (3) institutional quality self-storage projects in the highly sought-after growing Lake Charles, LA market. The Portfolio totals 173,675 rentable square feet of self-storage and over 1,468 units. Each asset was developed with institutional-level quality and amenities, a very rare combination in a Southwest Louisiana self-storage offering. Each site has prominent, high-visibility locations with excellent access, high average incomes, and projected population growth.

The Portfolio, currently self-managed by Ownership, opened between 2004 and 2013 and is 76% physically occupied. There is significant operational upside embedded in the Portfolio, enabling new investors to increase occupancy and pass through rate increases on various tenant segmentations. This, combined with the fact that each of the assets is located within a single market, offers an entirely unmatched opportunity for an operator to acquire three institutional quality assets with value-add upside located within a short drive, allowing for efficient portfolio management and operating synergies (e.g., on-site / payroll costs).

The stores are in Calcasieu Parish in Lake Charles, LA, a key economic hub in Southwest Louisiana. Lake Charles is part of the Lake Charles Metropolitan Statistical Area (MSA), which has a population of approximately 202,000. The Lake Charles project is strategically located in Calcasieu Parish, a region experiencing significant economic growth due to its robust industrial and energy sectors. Lake Charles boasts some of the highest economic outputs in the state, driven by major investments in LNG and petrochemical industries. The area is home to several large-scale projects, including the Driftwood LNG and Lake Charles LNG facilities, which contribute to the region’s economic vitality and job creation. As a result, the area is experiencing strong population growth, which has materially increased residential development.