Jones Lang LaSalle Inc.
09/02/2026 | Press release | Distributed by Public on 09/02/2026 09:39
3-property Augusta, GA MSA self-storage portfolio trades
Key Takeaways
• JLL Capital Markets arranges sale of a three-property self-storage portfolio in the Augusta MSA
• Storage Star purchased the assets from Rialto Capital Management
• The Augusta market has strong demographics to support self-storage facilities
CHARLESTON, S.C. Sept. 2, 2026 - JLL Capital Markets announced today that it has completed the sale of a three-property self-storage portfolio totaling 2,456 units and 256,685 square feet across the Augusta, Georgia MSA.
JLL's Capital Markets Self Storage team represented the seller, investment vehicles managed by Rialto Capital, and procured the buyer, Storage Star.
The portfolio consists of 159 Cooper Drive in Augusta, Georgia; 1573 Hamilton Drive in Aiken, South Carolina; and 522 Cork Tree Bend in North Augusta, South Carolina. The properties were all built between 2020 and 2022, have been institutionally maintained and are 85% occupied overall. Amenities include electronic gate access, climate-controlled units, digital camera systems and covered loading/unloading docks. The Aiken and North Augusta properties also offer boat and RV storage units and wine storage units at Aiken.
The Augusta MSA has strong underlying market fundamentals with average household incomes of $109,000 across the three trade areas, well above the national average. In addition, the Augusta MSA continues to attract residents and businesses due to a diversified economy anchored by Fort Eisenhower, the Savannah River site and a growing healthcare and professional services sector.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Rialto Capital
Rialto Capital is an integrated real estate investment management and asset management company with a dedicated special servicer. Rialto Capital invests and manages assets throughout the real estate capital structure in real estate properties, loans and securities. Our mission is to seek to create long-term value for our investors and sustain results across market cycles. Rialto Capital is headquartered in Miami, FL with offices in NY and other locations throughout the United States. For more information, please visit rialtocapital.com
About Storage Star
Storage Star is a vertically integrated investment platform that owns and operates premium self-storage properties across select U.S. markets. Storage Star's mission is to serve its customers with excellence and integrity, and it achieves this mission by offering customers clean, high-quality storage units, modern facility features, and unparalleled service. Storage Star's portfolio consists of over 120 facilities in 21 states. For more information, please visit www.storagestar.com.
Jones Lang LaSalle Inc. published this content on September 02, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 02, 2026 at 15:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]