Last Updated on February 18, 2023 by The HD Post Staff
ADELANTO — Nova Storage acquired Ballpark Self-Storage, announced May 16, in what Nova Storage President Andrew Rankin calls a transaction that will continue their steady growth.
“Nova will grow almost 30% this year from this acquisition and ongoing developments in South Gate, Palmdale and Fillmore,” said Rankin. “Nova has found its focus on hands-on management that resonates with sellers who remain vested in the future of the assets they built.”
Located at 16488 Adelanto Road, the property has 55,000 square feet of rentable space in 370 drive-up units. This acquisition brings Nova to ten locations and 850,000 rentable square feet in its portfolio of self-storage properties across Los Angeles, Ventura and San Bernardino Counties.
Marcus and Millichap commercial real estate firm completed the transaction.
About Nova Storage
Headquartered in Mission Hills, California, Nova Storage offers Safe, Clean, Well-Lit and Secure self-storage to over 7,000 tenants. Founded in 1982, Nova is locally owned and operated, with ten locations across Los Angeles, San Bernardino and Ventura Counties.
Nova Storage Adelanto is open. For more information visit NovaStorage.com or call (760) 246-6648.
