BlackRock-Backed StoreLocal Buys Two Western Sydney Self-Storage Sites for A$57M
StoreLocal, owned by BlackRock, acquired two newly developed self-storage facilities in Western Sydney for a combined A$57 million. It paid A$34 million for a site in Arndell Park and A$23 million for a site in Jamisontown, expanding storage capacity across fast-growing population centres. The purchases follow BlackRock’s May 2025 majority investment and StoreLocal’s broader Australian buildout plans.