Levy Real Estate is proud to announce the successful completion of the sale of MyLockUp.com, a prominent self-storage portfolio in the North East of England, to Spectrum Storage Group. The portfolio, comprising ten stores and spanning 185,000 sq. ft, also includes three additional development sites, making this acquisition a significant expansion for Spectrum Storage Group.
MyLockUp.com was the largest independent self-storage company in the North East, and this acquisition propels Spectrum Storage Group into the position of the UK’s seventh-largest self-storage group.
Key parties involved in the transaction include the MyLockUp team, Oakglen, Ragu Ragunather at Spectrum Storage Group, and the legal advisors at Square One Law and Wedlake Bell.
For further details, please refer to the following press releases: