Bancap Self Storage Group Brokers Major Self Storage Portfolio Sale

Dean L. Keller and Carl E. Touhey of Bancap Self Storage Group, Inc. recently announced the completed sale of a large portfolio of self storage properties in California. The portfolio included six properties operating under different trade names and located in various areas throughout Southern and Northern California, including Murrieta, Vista, Walnut, Benicia, Pleasanton and West Sacramento.

Orange County, CA (PRWEB) December 17, 2005 -- Dean L. Keller and Carl E. Touhey of Bancap Self Storage Group, Inc. recently announced the completed sale of a large portfolio of self storage properties in California. The portfolio included six properties operating under different trade names and located in various areas throughout Southern and Northern California, including Murrieta, Vista, Walnut, Benicia, Pleasanton and West Sacramento. Bancap represented both the seller and the buyer in the transaction.

Although the parties have asked that the details of the transaction not be publicized, the listing price for the entire portfolio was $69,900,000. The seller in the transaction was a private San Diego based real estate investment company and the purchaser was a publicly traded Real Estate Investment Trust that specializes in self storage properties.

Bancap Self Storage Group is the "#1 Self Storage Broker in California" with agents serving both Southern and Northern California. The firm’s extensive track record includes over $700 million of completed self storage sales.

For more information, contact :

Dean L. Keller, President

Bancap Self Storage Group, Inc.

30021 Tomas Street, Suite 245 - Rancho Santa Margarita, CA 92688

Telephone (949) 888-5355 - FAX (949) 203-6105

www.bancapselfstorage.com

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