JLL’s Capital Markets experts announced today the firm has completed the sale of a nine-property portfolio of self-storage facilities on behalf of Locktite Storage. The properties, located in southeast and southcentral Texas, were purchased by National Storage Affiliates (NYSE: NSA) for an undisclosed price.

“These properties have been extremely well-maintained and are located in high growth, premier investment markets,” said Steve Mellon, managing director of JLL’s national self-storage group. “The facilities are also all within or near dense population centers and have exhibited strong occupancy trends.”

The properties, located in Dripping Springs, Wimberly, Seguin, Conroe, Houston, Deer Park, La Porte, Pasadena and Manvel, have a combined approximate net rentable square feet of 684,000.

Mellon and JLL’s Brian Somoza represented the seller in the transaction.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2018 alone, the firm’s 2,400 Capital Markets specialists completed nearly $180 billion in investment sale and debt and equity transactions globally.