ROSEWOOD PROPERTY COMPANY ACQUIRES HARRISBURG, PENNSYLVANIA SELF-STORAGE FACILITY
Self-storage space offers 35,430 square feet of rentable space across 342 units
Harrisburg, Pennsylvania (October 19, 2021) – Rosewood Property Company acquires a 35,430-square-foot self-storage facility in Harrisburg, Pennsylvania.
Located at 5700 Linglestown Road, the property was renovated from an old warehouse into a self-storage space in 2019. The building sits adjacent to an existing Rosewood Property self-storage asset, approximately nine miles away from the state capitol building in downtown Harrisburg. The property includes state-of-the-art security features for its 342 rentable units with a majority being climate-controlled.
“Acquiring this self-storage space is the perfect complement to our preexisting property in Pennsylvania,” said Matt Janes, director of self-storage for Rosewood Property Company. “Adding over 300 units for rent allows us to better serve to surrounding community while strengthening Rosewood’s self-storage portfolio.”
Rosewood Property Company currently owns a portfolio of 57 operating self-storage projects across 12 states totaling more than 4.1 million square feet and approximately 32,500 storage units. Rosewood remains focused on actively building its self-storage portfolio, mainly through acquisition, expansions and strategic development.
About Rosewood Property Company
Rosewood Property Company is the Dallas-based real estate investment vehicle for The Rosewood Corporation, which is wholly owned by the Caroline Hunt Trust Estate. Rosewood Property Company and its affiliates have an extensive portfolio, including investments in land, office, industrial, self-storage, and multifamily assets, as well as investments in the equity securities of private real estate investment companies. For more information, visit www.rosewoodproperty.com.