Deals
MiniStorage Considers a Sale as Self-Storage Industry Consolidates
- A deal could value the company at more than $400 million
- The firm owns 12 properties, focused in Southern California
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MiniStorage, a Southern California-focused self-storage provider, is exploring a sale.
The company is working with real estate brokerage Jones Lang LaSalle Inc. on the potential transaction, according to people with knowledge of the matter, who requested anonymity to discuss private information. A deal could value MiniStorage at more than $400 million, one of the people added.