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Life Storage facility in Arvada

Self-storage REIT pays $8.85 million for Arvada Life Storage facility

One of the world’s largest real estate investment trusts paid $8.85 million for a newly completed self-storage facility in Arvada. Developer Blue Wing Capital Management sold the 637-unit Life Storage property at 14872 E. 69thAve. to Public Storage, the largest self-storage REIT. Adam Schlosser, first vice president investments, and Charles “Chico” LeClaire, executive managing director…

Kris Oppermann Stern

January 12, 2019