Equity Based Services, Inc. (EBS), a private real estate investment and management firm announced today that it has acquired a two property Storage One portfolio in Las Vegas, NV and Henderson Nevada for $12 million.
EBS closed a $12 million acquisition in the Las Vegas market today, once again showing that it is one of the few players in self storage acquisitions that is still able to close deals in an uncertain credit market.
EBS has terminated the management and licensing agreement with Storage One and will re-brand these two properties as American Mini Storage (AMS) properties. The entire portfolio of AMS properties can be found online at http://www.ams-storage.com