The Real Deal Miami

Public Storage buys West Palm property for $11M

Wellington Self Storage built complex in 2003
5359 South State Road 7

5359 South State Road 7

A subsidiary of Public Storage bought a storage complex in South Florida for 11.4 million on Monday.

Wellington Self Storage sold the 4.6-acre property at 5359 South State Road 7 in West Palm Beach to PS Florida One Inc., according to Palm Beach county records.

The parcels, totaling 198,717-square feet of  land, include a lake and two buildings. Wellington Self Storage built the self-storage complex in 2003. The buildings have 88,610 square feet and include offices.