LAACO, Ltd., a limited partnership, engages in the acquisition, development, ownership, and operation of self-storage facilities. The company’s wholly owned subsidiaries own and operate The Los Angeles Athletic Club and California Yacht Club. The company’s self-storage facilities offer storage spaces for rent, on a month-to-month basis, for personal and business use. As of December 31, 2008, the company had direct and indirect equity interests in 43 self-storage facilities under the ‘Storage West’ registered trade name in Southern California, Arizona and Nevada. Four additional self-storage facilities are in various stages of development. The company also has interests in other real estate activities. It owns land, buildings, and marina facilities that are leased to two, wholly-owned subsidiaries of the Partnership: The LAAC Corp., which operates The Los Angeles Athletic Club (LAAC) (a membership club consisting of athletic facilities, food and beverage operations and a 72-room hotel) and California Yacht Club Inc., which operates California Yacht Club (a membership club consisting of sports facilities, food and beverage operations and a 350-slip marina). The company also has interests in three parking facilities located adjacent to, or near, the LAAC building. Segments The company has two principal business segments: Real Property Investments and rentals, and Club operations History LAACO, Ltd. was founded in 1986.
laaco ltd-units of ltd prtns
(LAACZ:OTC Markets Group Inc - Limited Information)
431 West Seventh Street
Los Angeles, CA 90014
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