Buchanan Street Partners (Buchanan), a Newport Beach, CA-based real estate investment management firm, has announced the groundbreaking of its latest self-storage development in Scotts Valley, CA. Located at 10 Victor Square within Santa Cruz County, the 2.6-acre site will be transformed into a state-of-the-art, climate-controlled self-storage facility. Following 14 months of entitlement efforts and project due diligence, Buchanan acquired the site for $5.25 million. The transaction marks the firm’s eighth self-storage investment in California over the past five years, further expanding Buchanan’s institutional platform in high-barrier-to-entry West Coast markets. The…
