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.