Strategic Storage Trust, a manager of self-storage facilities in Ladera Ranch, Calif., announced Aug. 29 it has paid about $5.2 million for the self-storage facility at 1864 Route 9 in Toms River, formerly known as Central Self Storage. The location will operate under the SmartStop Self Storage name.
Purchase for American Water
Water utility American Water in Voorhees announced on Aug. 30 its subsidiary, Illinois American Water in Belleville, Ill., acquired the water system of Grafton, Ill., for about $1.8 million.
ITC Nexus Acquires Accumetrics
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